The president of the New York Fed suggested he is reluctant to support lowering interest rates ahead of the bank’s next meeting, arguing that tariffs are likely to drive further inflation.

Friction within the Trump administration has cropped up with the Justice Department team that fights monopolies, sources tell CBS News.

President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...

Ultimately, the TACO trade may be coming to a close and will be a fun meme for us to remember. This time, I think tariffs ...

President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...

A number of prominent political figures made news at the inaugural Hill Nation Summit on Wednesday, weighing in on the Federal Reserve, Democratic primaries, legislation moving through Congress, ...

With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...

Sourhouse co-founder Erik Fabian is struggling to keep his baking accessory company afloat as he delays a new product launch, waiting to learn the total cost of importing it from China.

President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.

Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...

President Donald Trump’s administration says it is ending the deployment of 2,000 National Guard troops sent to Los Angeles ...