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The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed Friday, with policymakers monitoring the effects of President Donald Trump's ...
Bessent said it was up to the Fed to decide interest rates, although he added that if the central bank did not cut interest rates soon, any potential rate cut in September could be higher.
The Dow, S&P 500, and Nasdaq rose after a strong June jobs report. The stock market is watching developments on U.S. trade deals and Trump's tax and spending bill.
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.
They differ in multiple ways. Tropical storms gain their energy from warm water, while subtropical storms are fueled by the temperature differences of air masses. Thus, tropical storms are ...
"‘Too Late’ should resign immediately!!!" President Trump wrote, referring to Federal Reserve Chair Jerome Powell.
The package delivery giant's dividend is above average and yields 2.5% today. FedEx's growth prospects are concerning given the state of international trade. Although it recently beat expectations ...
Homeowner fed up with repair delays after roofer pockets the money To stream WFMY News 2 on your phone, you need the WFMY News 2 app.
In today's Asking Eric column, R. Eric Thomas responds to someone who has many disagreements with their spouse and doesn't see any progress.
Having passed easier Fed stress test, biggest US banks bump up payouts The largest lenders on Wall Street are boosting their dividends after the latest exam showed they could weather a what-if ...
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