The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

As per the letter, some features including VIP elevators or dining rooms — which had drawn uproar from the government — had ...

Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...

JPMorgan Chase Chief Executive Jamie Dimon sounded Wall Street’s clearest warning against the Trump administration’s attacks ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

Trump recently summed up his approach when talking to reporters about trade talks with other countries. “They don’t set the deal," he said. "I set the deal.” ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...