Federal Reserve System

Powell Stays on Fed Board Amid Legal Challenges from Trump Administration: What It Means for the Economy

Powell Stays on Fed Board Amid Legal Challenges from Trump Administration: What It Means for the Economy

Jerome Powell’s Decision to Stay on the Federal Reserve Board Jerome Powell announced he will stay on the Federal Reserve ... Read more

Why US Stocks Are Declining Amid Surging Oil Prices: What Investors Need to Know

Why US Stocks Are Declining Amid Surging Oil Prices: What Investors Need to Know

NEW YORK (AP) — The U.S. stock market dipped on Wednesday as investors awaited the Federal Reserve’s announcement regarding interest ... Read more

Justice Department Ends Criminal Investigation of Fed Chair Powell, Paving the Way for Warsh’s Potential Appointment

Justice Department Ends Criminal Investigation of Fed Chair Powell, Paving the Way for Warsh’s Potential Appointment

Recently, the Justice Department wrapped up its investigation into Federal Reserve Chair Jerome Powell, which was a significant step toward ... Read more

Trump Appoints University of Minnesota Professor as New Leader of Economic Council: What This Means for America’s Economy

Trump Appoints University of Minnesota Professor as New Leader of Economic Council: What This Means for America’s Economy

President Donald Trump has nominated Christopher Phelan, an economist from the University of Minnesota, to lead the White House Council ... Read more

Energy Prices Soar: US Wholesale Prices Jump 4% Last Month Amid Iran Conflict

Energy Prices Soar: US Wholesale Prices Jump 4% Last Month Amid Iran Conflict

Wholesale prices in the U.S. jumped last month, driven by the ongoing conflict in Iran, which pushed energy costs upward. ... Read more

Unraveling the Mystery: Why Skyrocketing US Fuel Prices Are Beyond Your Gas Station’s Control

Unraveling the Mystery: Why Skyrocketing US Fuel Prices Are Beyond Your Gas Station’s Control

DES MOINES, Iowa (AP) — U.S. gas prices are changing almost daily, leaving many drivers feeling stressed and financially squeezed. ... Read more

Stocks Bounce Back as Wall Street Faces Volatility Again; US Oil Prices Surpass 0 a Barrel

Stocks Bounce Back as Wall Street Faces Volatility Again; US Oil Prices Surpass $110 a Barrel

NEW YORK (AP) — Stocks had a rough start but bounced back somewhat after two days of good gains. The ... Read more

Global Economic Concerns Rise Amid Ongoing Conflict in Iran: What You Need to Know

Global Economic Concerns Rise Amid Ongoing Conflict in Iran: What You Need to Know

U.S. and Israeli military actions against Iran have shaken the global economy. Prices are rising, stock markets are unstable, and ... Read more

Transcript Reveals Prosecutor Admits No Criminal Evidence in Federal Reserve Investigation

Transcript Reveals Prosecutor Admits No Criminal Evidence in Federal Reserve Investigation

Investigation of the Federal Reserve’s Renovation Project Recently, the Justice Department looked into a $2.5 billion renovation project at the ... Read more

Asian Markets Dive as Oil Prices Surge Past 1 per Barrel and Wall Street Faces Decline

Asian Markets Dive as Oil Prices Surge Past $111 per Barrel and Wall Street Faces Decline

BANGKOK (AP) — Asian shares are down as Wall Street struggles with rising oil prices. Crude oil has exceeded $110 ... Read more