NEW YORK, Aug. 12 (Xinhua) -- U.S. Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis points (bps) at its next meeting in September, adding ...

The Trump White House will review how the Smithsonian Institute's treats American history as the 250th anniversary of the ...

However, "core" CPI — a gauge that better reflects long-term trends, excluding more volatile food and energy prices — shows a ...

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt ...

Stephen Miran is President Donald Trump's nominee to become the Federal Reserve's next governor, but his name is largely ...

Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.

President Donald Trump said he is weighing a lawsuit against Federal Reserve Chair Jerome Powell over the renovation of the ...

President Donald Trump's nominee to the Federal Reserve Board of Governors on Tuesday said the U.S. central bank's ...

Excerpts from recent editorials in the United States and abroad: Aug. 8 The New York Times say Trump is letting TikTok, and China, win Not so long ago, the confrontation between the U.S. government ...

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available ...

Through June, consumers have absorbed just 22% of tariff costs – but their share is expected to jump as more companies start ...

Whatever happens at September's Federal Reserve meeting will pale in comparison to a wholesale rethinking of the U.S. central ...