Some Fed watchers are looking at the September FOMC meeting for the next rate cut, pending the outcome of tariff inflation and the unemployment rate. A 12-0 vote to hold interest rates steady would be a powerful signal of a strong conviction among the members of the FOMC.

The Senate on Thursday advanced the controversial nomination of Emil Bove, teeing up a final vote on his lifetime appointment to an appeals court. Bove, who is currently serving in the No. 3 role at the Justice Department, has been nominated by President Trump for a judgeship on the 3rd Circuit Court of Appeals. The…

Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

The Federal Reserve hasn’t seen two governors break ranks with the board since 1993. It could happen at this month’s FOMC meeting.

The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.

Required to take a 2025 required minimum distribution, but don’t need the funds? Consider taking it now and stashing it in a 4.60% CD before the Fed cuts rates this fall.

The Federal Reserve is meant to operate independently from politics in order to stay true to its congressionally mandated mission to maintain price stability and maximum employment. But President

A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.