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![]() Joseph Zeballos-RoigNew Republic |
The Citadel CEO's vocal criticism breaks sharply from the wider U.S. business community, which has largely stayed quiet as Trump attacks the Fed
A new executive order concedes that the U.S. can't grow bananas or coffee in large amounts. Now they qualify for zero tariffs
Trump floated a Section 301 probe after Brussels fined Google $3.5 billion, threatening tariffs just weeks after sealing a deal with the EU
The agreement also stated that Tokyo will step up purchases of U.S. rice by 75% and more agricultural products totaling $8 billion annually
Stephen Miran says he’ll take only unpaid leave from the White House if confirmed to the FOMC — a plan a former official called “the opposite of...
The petition acknowledged the Trump administration is still molding trade deal frameworks into final agreements
The number of unemployed people surpassed job openings in July, according to new data. An economist called it "another crack in the labor market"
A federal court loss could open the door to at least $100 billion in tariffs getting refunded by the Trump administration
Country-specific tariffs are in effect until Oct. 14 while the White House brings its case to the Supreme Court
It was a dramatic month with Trump taking fresh gambles that risk undermining U.S. financial credibility and make everyday life more expensive
Trump is willing to gamble his trade agreement with the European Union on their regulation of U.S. tech companies
Cook's lawsuit sets in motion a legal battle that's likely to land before the Supreme Court within weeks
The president is pursuing changes to the 12-member Federal Open Market Committee that casts votes to decide the cost of borrowing
The pending court battle is certain to carry enormous stakes for the future of the Federal Reserve and it's independence from the executive branch
It was unclear whether Trump had the legal authority to pull off the move, which could trigger a court battle
Under Trump, the U.S. is joining China in its promotion of "national champions," companies in strategic sectors that advance national interests
Argentina once booted statistician Graciela Bevacqua for refusing to produce lower inflation figures, deepening a cycle of turmoil.
Powell's silence reflects an attentiveness to keeping the Fed from getting dragged further onto the battlefield of national politics
The deal, as laid out, is very unusual given the U.S.'s traditional emphasis on free market capitalism
Powell's final speech at Jackson Hole carries enormous stakes as Trump expands his offensive against the central bank
It's the latest sign Trump is broadening his offensive against the Fed to include central bank officials who decide the direction of interest rates
The DOJ is potentially launching an investigation into Federal Reserve Governor Lisa Cook — unless she's fired first
The U.S. and the E.U. announced details for the trade deal last month that establishes a 15% tariff on most European imports into the United States.
Fed officials "generally" expected inflation to increase in the short term due to President Donald Trump's tariffs, the Fed's July minutes said
Another Board of Governors opening would pave the way for the president to install a second pick friendlier to his push for lower interest rates.
The rapid speed from announcement to implementation gave importers little time to fortify their supply chains against the latest tariff barrage
A letter from five Nevada Democrats spotlights an intensifying lobbying blitz as the Trump administration starts carrying out its new law
The central bank created the unit to monitor crypto and fintech activities after Silicon Valley Bank's abrupt implosion
The U.S. government acknowledged in federal court for the first time that the Internal Revenue Service is sharing taxpayer data with Immigration and...
The arrangement raised worries about a U.S. AI chip firm seemingly buying access into China with national security taking a backseat.
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment growth
The president's latest barrage against Federal Reserve Chair Jerome Powell included legal threats over a renovation of the Fed's headquarters
China and the U.S. are still attempting to negotiate a broad trade agreement that would avert triple-digit tariffs on each other
Surging demand for gold has helped magnify the trade deficit between the U.S. and Switzerland
CEO Lip-Bu Tan may highlight the ways Intel could partner with the U.S. government, according to a WSJ report
Trump has displayed a willingness to tear up trade deals he's negotiated, opening the possibility of never-ending trade hostilities
In a publicly-posted note to Intel employees on Friday, Tan said there has been "a lot of misinformation" regarding his past roles
The launch represents the company's biggest upgrade since ChatGPT debuted in November 2022 and now serves 700 million weekly users
If confirmed by the Senate, Stephen Moran's appointment will give Trump an ally on the Fed board tasked with setting borrowing rates in the U.S.
GOP Sen. Tom Cotton of Arkansas sent a letter to Intel’s board of directors describing Tan's connections to the Chinese government
Trump made the announcement on the same day Apple said it was investing an extra $100 billion in the U.S.
India did not rule out imposing retaliatory tariffs in response to Trump's anger over its continued purchases of Russian oil.
Republican Rep. Don Bacon of Nebraska is part of a small but potent free-trade wing of the GOP almost extinguished by Trump
The president also said he would soon roll out new tariffs on pharmaceuticals and semiconductor chips
Trump said he will announce a new statistician and Fed governor in the coming days. His tariffs are also set to kick in
Trump’s BLS purge drew swift rebukes from economists and elevated concerns of political interference with data that angers the president
The fusillade of tariffs will be applied to countries spanning the globe from the United Kingdom to Laos, with a minimum 15% import tax
FHFA Director Bill Pulte has helped orchestrate a fiery campaign against Powell and demanded the Fed chair resign. The moves are drawing GOP scrutiny
Trump’s renewed volley of personal insults signal he appears prepared to keep up his intense pressure campaign against Powell
The Treasury Secretary made the comments during a podcast taping on Wednesday