A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...

The S&P 500 hit a new record high on Friday, soaring to its highest level since February as investors cheered a host of bullish catalysts.

At the White House on Wednesday, National Economic Council head Kevin Hassett said that the next Fed chair is not going to be Jerome Powell.

An escalating debate within the Federal Reserve about the case for interest rate cuts is not going to be settled by a new ...

PRESIDENT Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the US central bank the idea has little traction, with only two Fed ...

At his twice yearly testimony to Congress, Powell also rebuffed calls from the likes of Waller to cut in July. He also reiterated his fears about tariff inflation, which we think will be enough to ...

The FTSE 100 index closed up 63.31 points, 0.7%, at 8,798.91. The FTSE 250 was up 241.30 points, 1.1%, at 21,715.96, and the ...