United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”
Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate
Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.
A federal crypto reserve would only benefit the scoundrels and scammers who helped fund Trump’s presidential campaign. Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024 ...
Traders question whether the Bitcoin “Trump trade” is running out of steam after this week’s macroeconomic developments result in Bitcoin price weakness.
The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is politicized and weakened, the winners will be large financial institutions and the losers will be all of us. Unfortunately, that’s already happening before President-elect Donald Trump is even sworn in.
A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.
Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high.
Gold prices were set for their best week since mid-November as uncertainty around U.S. President-elect Donald Trump policies firmed demand for bullion, while investors awaited a key jobs report to assess the Federal Reserve's rate cut trajectory.