Central bankers from around the world said Tuesday they "stand in full solidarity" with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department ...
The Justice Department has launched an unprecedented criminal investigation against the Federal Reserve and its chairman, Jerome Powell. For his part, Powell made it clear he was fed up with what he sees as a threat from President Trump and said he . ...
As Federal Reserve Chair Jerome Powell pushes back against a criminal probe from the Trump Justice Department, Amna Nawaz discusses the developments with Janet Yellen. She served as chair of the Federal Reserve Board from 2014 to 2018 and was ...
To dive into some of the legal questions behind the Justice Department's investigation into the Federal Reserve and Jerome Powell, and similar moves by President Trump, Geoff Bennett spoke with Mary McCord. She's the executive director of the ...
Powell McCormick previously served on Meta's board of directors -- where, the company notes, she was "deeply engaged" in accelerating its artificial intelligence push across platforms.
The commercial use of prediction markets has skyrocketed in recent years, opening the door for people to wage their money on the likelihood of a growing list of future events. But despite some eye-catching windfalls, traders still lose money everyday ...
"This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions -- or whether instead monetary policy will be directed by political pressure or intimidation."
Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.
The U.S. economy added a modest 50,000 jobs in December. It was below expectations and capped the weakest year for job growth since the pandemic. Employers added a total of 584,000 jobs for all of 2025, a big drop from the 2 million created in 2024. ...
Since the U.S. military raid to capture former Venezuelan leader Nicolás Maduro on Saturday, President Donald Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the U.S.