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Al Jazeera on MSNCan Donald Trump fire Jerome Powell, US Federal Reserve chair?Trump questions Fed Chair Powell’s tenure, hints fraud, yet experts view removal improbable due to legal constraints.
Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 climbed 0.5% to top its all-time ...
Sen. Elizabeth Warren sent letters Thursday to agencies including S&P Global Ratings, Moody's Ratings and Fitch Ratings, asking for information about how they score the riskiness of private-credit ...
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences ...
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
Sen. Elizabeth Warren sent letters Thursday to agencies including S&P Global Ratings, Moody's Ratings and Fitch Ratings, asking for information about how they score the riskiness of private-credit ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
The average rate on a 30-year U.S. mortgage rose for the second week in a row in another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out ...
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...
The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
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