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Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.

Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil despite previous sanctions, with crude prices dropping amid reduced concerns about the Strait of Hormuz.

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.

Grocery industry opposes Mamdani's city-owned supermarket plan, as Gristedes CEO threatens closures while critics question NYC's ability to manage such ventures.

Indiana Rep. Erin Houchin showcases President Donald Trump's "No Tax on Tips" policy with restaurant workers, exploring how the One Big Beautiful Bill aims to help middle-class Americans keep more earnings.

President Donald Trump, who has been stridently calling for rate cuts, said he hopes that lawmakers will work Fed chair Jerome Powell over on Tuesday ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of global oil consumption and natural gas trade transits daily.

The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts could be on the table at the central bank's next meeting.

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

B-2 Spirit stealth bombers, reportedly worth billions of dollars, played a central role in America's Operation Midnight Hammer strike on a trio of nuclear facilities in Iran over the weekend.