News

5 things to know for August 26: Federal Reserve, Trump vs. Pritzker, Flag burning, FEMA, Haboob

Want to learn more about the victims of Jeffrey Epstein? A posthumous and “unsparing” memoir by Virginia Giuffre, one of the ...

Trump’s reckless attacks on the Fed

Whatever the outcome, the assumption that the Fed will set rates based on its own economic judgments has been dealt a severe blow by Trump’s determination to undermine it. The president has recently ...

Fed Bank Presidents Face Risk of Removal on Trump’s Maneuvers, Brainard Says

Former Federal Reserve Vice Chair Lael Brainard suggested there’s a real risk of multiple Fed district bank presidents ...

‘I am not a dictator,’ Trump says. Here’s what 21st century dictators do

For the second day in a row, President Donald Trump has felt the need to assure Americans that, no, he is not a dictator.

Wall Street steadies, global markets sink after Trump escalates feud with the Federal Reserve

Markets on Wall Street recovered some of their overnight losses after President Donald Trump announced he was firing Federal ...

US Treasury yields, dollar fall as Trump strikes at Fed; US stocks up

U.S. Treasury yields and the dollar eased on Tuesday as President Donald Trump's move to fire a central bank governor raised ...

Trump is playing with fire by messing with the Fed

President Donald Trump promised voters last fall he’d swiftly defeat inflation once back in the White House. Trump’s unprecedented attacks on the Federal Reserve could do the exact opposite.

The Fed’s future hangs in balance after Trump’s assault

Donald Trump’s decision to fire Federal Reserve governor Lisa Cook is a pivotal moment. It signals the US president’s switch from unpleasant name-calling of the Fed to an all-out assault on central ...