US stocks fell as traders digested Donald Trump’s decision to nominate Kevin Warsh as Federal Reserve chair. Wall Street’s S&P 500 closer 0.4 per cent lower on Friday and the tech-heavy Nasdaq ...

Payrolls up by 130,000, with 172,000 private-sector jobs. The unemployment rate dips to 4.3%.

The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...

Jerome Powell's term as Federal Reserve chairman will end in May - the bank has been under political pressure from the White House about how it sets interest rates.

Kevin Warsh, President Trump’s pick as the next chair of the Federal Reserve, has long expressed a desire to shrink what he ...

President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve Board chair when Powell's term expires in May. The president made the announcement in a post on his Truth Social ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House’s Council of Economic ...

Some on the Fed have been expecting strong January price gains Some Federal Reserve officials are worried about a potential bump in inflation when the consumer-price index for January is released.