Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.
Zohran Mamdani is the frontrunner to win NYC mayoral race, according to prediction markets, leading rivals such like Andrew Cuomo, Eric Adams and Curtis Sliwa.
President Donald Trump called for Federal Reserve Governor Lisa Cook to resign after the head of FHFA, Bill Pulte, sent a referral accusing her of mortgage fraud.
McDonald's reduces combo meal prices to address consumer affordability concerns, offering $5 breakfast and $8 Big Mac specials as part of value strategy.
Federal Reserve Chair Jerome Powell's speech at the Jackson Hole conference on Friday comes amid the labor market showing signs of weakness and inflation ticking higher due to tariffs.
President Trump calls court blocking of Arizona copper mine project 'anti-American' as 9th Circuit temporarily halts land transfer needed for 3,800-job development ...
JPMorgan CEO Jamie Dimon reportedly held a friendly call with New York City mayoral candidate Zohran Mamdani despite previously saying the Democratic nominee is "more of a Marxist."
Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the White House searches for Jerome Powell's replacement.
Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds could help pay down the nation's debt.