Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He ...

Key Takeaways Traders expect the S&P 500 to move about 0.8% in either direction through the end of the week, with Fed Chair Jerome Powell's speech on Friday likely to be a driving force behind that ...

President Trump and his allies have accused Federal Reserve Chair Jerome Powell of dragging his feet on interest-rate cuts, in an unprecedented pressure campaign. Here are some of the ways Powell has ...

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Subscribe to the Daily News Brief to receive it every weekday morning.Top ...

European equities were subdued on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium, while the United States and European Union locked in a framework trade deal ...

President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the ...

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her ...

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...