Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the administration should exercise pragmatic options. Begin with fiscal prudence, a big ...

The United States' gross national debt increased by $367 billion on Monday, reaching an all-time high of $36.6 trillion. The surge followed US President Donald Trump’s approval of the “One Big ...

The New York Stock Exchange ended with gains midweek as Nvidia became the first company to reach a market value of $4 trillion, leading a tech rally. The Dow rose 0.49%, or 217.54 points, to close at ...

President Trump accelerates search for Powell’s Fed chair replacement, eyeing Bessent, Bowman, and others amid controversial ...

Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell ...

Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...

Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...

The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real cracks opening up inside the room, with ...

In a wide-ranging interview with Yahoo Finance Senior Reporter Jennifer Schonberger, US Deputy Treasury Secretary Michael ...

U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...

Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell's term as chair does not end until May 2026. He's insisted he won't ...

Officials voted unanimously at their last meeting to keep rates unchanged at a range between 4.25 percent and 4.50 percent.