Powell Stands Firm as Trump Escalates Fed Pressure
Fed Chair Resists Calls to Resign Amid Political Firestorm Federal Reserve Chair Jerome Powell has made it clear to allies that he will not step down under pressure from President Donald Trump,
Dollar Posts Worst First Half Since 1973
Policy turmoil and fiscal deficits weigh on U.S. currency The U.S. dollar just logged its worst start to a year since Richard Nixon ended the gold standard in 1971. Through June, the
Wall Street Surges on Rate Cut Hopes After Weak Jobs Data
Indexes rebound sharply as investors bet on Fed easing U.S. stocks rallied on Monday, recovering from last week’s losses as traders grew increasingly confident that the Federal Reserve will cut interest rates