BLS nominee E.J. Antoni suggests suspending monthly jobs reports
Aug. 12 (UPI) -- Bureau of Labor Statistics commissioner nominee E.J. Antoni has suggested suspending monthly jobs reports in favor of more accurate quarterly reports.…
July CPI: Conumer prices rose 0.2%, just below expectations
Aug. 12 (UPI) -- The Consumer Price Index rose slightly less than expected in July annually as tariffs showed only a minimal influence on prices.…
Fed Gov. Bowman wants three interest rate cuts in 2025
Aug. 9 (UPI) -- The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors…
Trump replaces Billy Long as IRS boss; Bessent takes over temporarily
Aug. 8 (UPI) -- President Donald Trump on Friday replaced Bill Long as Internal Revenue Service commissioner after less than two months on the job…
Trump: Treasury Secretary Scott Bessent doesn’t want to be Federal Reserve chair
Aug. 5 (UPI) -- President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer on the list to replace Federal Reserve Chair…
Federal Reserve governor Kugler resigns, creating vacancy for Trump
Aug. 2 (UPI) -- One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week,…
BEA: personal income and inflation both rose in June
July 31 (UPI) -- The Federal Reserve's preferred inflation gauge rose more than expected in June, according to a report by the U.S. Bureau of…
Trump to visit and review Federal Reserve offices
July 24 (UPI) -- President Donald Trump will head to the Federal Reserve on Thursday amid his ongoing calls for Chair Jerome Powell to resign.…
House approves the GENIUS Act and two crypto-related bills
1 of 3 | House Majority Whip Tom Emmer, R-Minn., told reporters the House of Representatives removed regulatory ambiguity while protecting owners of digital currencies…
Trump: Fed Chairman Powell will be replaced within a year
July 16 (UPI) -- President Donald Trump said he won't fire Federal Reserve Chairman Jerome Powell but will replace him within the next year when…
President Trump flips most Republican crypto bill no votes
July 16 (UPI) -- President Donald Trump said a deal has been made with almost all the Republican House members who sank a procedural vote…
June jobs report: U.S. added 147,00 jobs; higher than expected
July 3 (UPI) -- The U.S. economy added seasonally adjusted 147,000 jobs in June despite lower predictions, the Bureau of Labor Statistics said Thursday. The…
Federal Reserve again leaves interest rates unchanged, citing caution
June 18 (UPI) -- The U.S. Federal Reserve held key interest rates steady Wednesday but said it still sees the possibility of two cuts later…
May U.S. mortgage demand drops 4.5% from year ago
June 18 (UPI) -- The Mortgage Bankers Association reported that May mortgage demand was down 4.5% year-over-year, despite lower interest rates. Refinance demand was also…
Fed chair tells Trump policy will not be politically influenced
May 30 (UPI) -- The Federal Reserve chair, Jerome Powell, has told President Donald Trump that monetary policy will not be influenced by politics. Powell…
AI chipmaker Nvidia to report first-quarter earnings on Wednesday
May 28 (UPI) -- Nvidia officials have scheduled a 5 p.m. EDT first-quarter earnings report that many expect to reflect the Trump administration's restrictions on…
Powell defends Federal Reserve in speech amid onslaught of attacks from Trump
WASHINGTON — Federal Reserve Chair Jerome Powell defended the central bank’s response to the COVID-19 pandemic Sunday in a Princeton University commencement speech in which he also…
Supreme Court rules Trump can fire 2 agency heads, at least for now
May 22 (UPI) -- The Supreme Court ruled Thursday in favor of President Donald Trump's firing of two Democratic board members of independent oversight agencies…
Federal Reserve maintains interest rate amid economic uncertainty
May 7 (UPI) -- The Federal Reserve on Wednesday announced the lending rate would hold steady due to economic uncertainty caused by the Trump administration's…
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
ADVERTISEMENTUS President Donald Trump intensified pressure on Federal Reserve Chairman Jerome Powell for interest rate cuts on Monday, calling him “a major loser” and warning…