California U.S. Sen. Alex Padilla was forcibly removed after he interrupted a Los Angeles press conference on immigration by Homeland Security Secretary Kristi Noem. He began shouting over her before ...

New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said Thursday ...

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his ...

The Federal Reserve has emerged as the 800-pound gorilla in the legal fight over President Trump’s firings of agency leaders traditionally independent from the White House. The Supreme ...

Fed Chair Powell's testimony highlighted a strong economy with 2.5% GDP growth in 2024 and easing but still elevated inflation. The Fed has reduced its policy rate by 100 basis points and ...

WASHINGTON — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell ... center stage during Powell’s hearing before the Senate ...

The inflation news isn't what the Federal Reserve and its chair Jerome Powell wanted ... December was 3.2%. In his congressional testimony on Tuesday, Powell said, “Inflation has moved much ...

Jerome Powell’s testimony in the US Congress will be a top-tier market-moving event this week. New clues on the Federal Reserve interest rate path are awaited. US Dollar, stock markets and other ...

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S ...

Below is the Senate Banking Committee hearing with Jerome Powell: Members of Congress urged that he cut rates more quickly. He also was grilled about issues that are taking a higher profile under ...

(Reuters) All eyes will be on Fed Chair Jerome Powell’s testimony to the US Congress this week. The testimony of Federal Reserve Chair Jerome Powell is scheduled to be a regular update of ...