Mr Trump may pick a potential future Fed chair to fill the remainder of Ms Kugler's term. Read more at straitstimes.com. Read ...

The weak report changes the math for a central bank that has been trying to wait out the data. Before Friday, traders saw ...

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of ...

Wall Street gave back many of the gains from recent weeks, as equities tumbled on news of a new tariff scheme, an awful employment report, and Trump firing one of his agency heads.

Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.

Adriana Kugler first assumed office at the Fed board in 2023. Her resignation will be effective a week from Friday, handing Trump a vacancy to fill.

Fed Governor Adriana Kugler resigns amid a tumultuous time for the central bank, whose independence is being challenged ...

The Dow Jones Industrial Average dropped 542.40 points, or 1.23%, closing at 43,588.58. The S&P 500 shed 1.60% to end at ...

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for ...

Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...