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President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
A 30-year Treasury yield that rises above 5% tends to be negative for stocks because of the way it impacts borrowing rates for households and businesses. The yield is used as a benchmark on everything ...
This comes amid Trump's repeated displeasure with Powell, which stems from the POTUS repeatedly urging the Fed to cut its key rate.
David Malpass, former World Bank Group president, joins John Solomon and Amanda Head on Just the News, No Noise and shares ...
The U.S. dollar gained value alongside Treasury yields following a U.S. inflation report indicating tariff-related price ...
Clothing prices jumped by 1% in June, contributing to a rise in inflation during the month. Imported clothing is one area where the effects of tariffs are beginning to be felt by shoppers. Inflation ...
Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...
(CNN) — US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those ...
Inflation increased slightly in the Seattle area in June, reflecting the impact of tariffs on imported goods and higher costs of necessities like food and energy.
Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% ...