Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.
The U.S. dollar advanced against major currencies on Friday, while the Canadian dollar weakened and the Mexican peso edged higher after the White House reiterated that President Donald Trump will impose tariffs on Saturday.
U.S. stocks ended lower on Friday, with indexes losing ground after the White House said U.S. President Donald Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
A former senior advisor to the Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on Friday.
Stocks surrendered early gains and closed lower after the White House said President Trump would impose promised tariffs on some key U.S. trading partners
The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...
Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather in Washington to discuss the outlook for interest-rate policy, with a goal of simply ...
The Monday evening memo from the White House Office of Management ... by a wide range of federal grant recipients from around Ohio, including Case Western Reserve University, refugee resettlement ...
A federal judge blocked an effort by President Donald Trump's administration to pause federal grants and loans being dispersed across the nation on Tuesday. Nonprofit organizations are some of the recipients of those funds. Organizations in Oklahoma discussed what could happen if this effort moves forward in the future.
In a series of actions, Donald Trump’s administration ban was also announced sweeping round of cuts at the US Justice Department on Friday.