U.S. World Business Lifestyle
Today: May 05, 2026
Today: May 05, 2026

Federal Reserve

Business|Economy|World

Powell plans to remain on Fed board, cites legal actions by Trump administration

Jerome Powell plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk

Powell plans to remain on Fed board, cites legal actions by Trump administration
Business|Economy|Finance|Stock Markets|World

Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Wall Street ends mixed ahead of big tech earnings
Business|Economy|Finance|World

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm

Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
Business|Economy

Powell says he won't be a shadow chair, would support Warsh where possible

U.S.

Powell says he won't be a shadow chair, would support Warsh where possible
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed dissent, oil ascent

Oil surged toward $120 a barrel on Wednesday on deepening supply fears, while U.S. bond yields jumped and stocks stumbled after the Federal

Trading Day: Fed dissent, oil ascent
Business|Economy|Finance|Stock Markets|World

Fed sees three dissents over an 'easing bias.' What's that?

More Federal Reserve officials dissented against Wednesday's U.S. central bank policy decision and statement than at any of their interest-rate-setting meetings in

Fed sees three dissents over an 'easing bias.' What's that?
Business|Economy|Finance|Political|Stock Markets|World

Traders see the Fed on hold for now, and a rate hike next year

The Federal Reserve will not cut interest rates this year, and traders of short-term U.S. interest-rate futures are now betting the U.S. central bank will raise in the first half

Traders see the Fed on hold for now, and a rate hike next year
Business|Economy|Political|US|World

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote

Kevin Warsh, U.S.

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote
Business

Fed holds rates steady, but board vote is most divided since 1992

The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing rising concerns about inflation in what is likely to be Jay Powell's last

Fed holds rates steady, but board vote is most divided since 1992
Business|Economy|Election|Finance|Political|US|World

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee

The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a longtime target of President Donald Trump’s insults for not cutting borrowing costs as far as the president wanted

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee
Business|Economy|Finance|Stock Markets|Technology

Wall Street extends losses after Fed decision, big tech earnings on tap

Wall Street moved lower on Wednesday, with spiking crude prices fanning inflation worries as the U.S.

Wall Street extends losses after Fed decision, big tech earnings on tap
Business|Economy|Finance|Stock Markets|US

AI-related spending propels US core capital goods orders in March

New orders for key U.S.-manufactured capital goods increased by the most in nearly six years in March while their shipments rose solidly, suggesting

AI-related spending propels US core capital goods orders in March
Business|Economy|Finance|Political

Powell's tenure as Fed chief, bookended by Trump, draws to a close

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia

Powell's tenure as Fed chief, bookended by Trump, draws to a close
Business|Economy|Finance|Stock Markets|US

US mortgage rates tick up to 6.37%, MBA says

U.S. mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2 basis points to 6.37% for the

US mortgage rates tick up to 6.37%, MBA says
Economy|Finance|World

What the Fed has seen about the war's impact on the economy so far

Federal Reserve officials last met just over two weeks into the U.S.-led war on Iran and then had little data at their disposal beyond surging gasoline prices to

What the Fed has seen about the war's impact on the economy so far
Business|Economy|Finance|US|World

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us
Business|Economy|Finance|Stock Markets|World

Fed sails into unchartered waters as Powell bows out

A look at the day ahead in European and global markets from Gregor Stuart Hunter It's Fed Day, and it looks increasingly certain that it will be Jerome Powell's curtain call as chair.

Fed sails into unchartered waters as Powell bows out
Business|Economy|Finance|Stock Markets|World

Dollar gains on risk-off mood; BOJ split vote gives yen brief lift

The dollar firmed on Tuesday as risk‑off flows driven by the Iran war offset a brief rally in the yen following the Bank of Japan's most divided policy

Dollar gains on risk-off mood; BOJ split vote gives yen brief lift
Business|Economy|World

US bond markets diverge as Middle East conflict tests Fed outlook

A Middle East conflict now in its ninth week has splintered the U.S. fixed-income market, with investors in corporate credit behaving as if

US bond markets diverge as Middle East conflict tests Fed outlook
Business|Economy|Finance

Fed's policymaking table is set for the 'family fight' Warsh says he wants

Federal Reserve chief nominee Kevin Warsh says he wants a "good family fight" at the policymaking table once he takes over as head of the U.S. central bank.

Fed's policymaking table is set for the 'family fight' Warsh says he wants
Business|Economy|Finance

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
Business|Economy|Finance|Stock Markets|World

BOJ's hawkish hold

A look at the day ahead in European and global markets from Ankur Banerjee In a week packed with central bank meetings, the Bank of Japan's hawkish hold has set the stage for the Fed, the Bank of

BOJ's hawkish hold
Business|Economy|Finance

Fed likely to hold rates steady as Powell prepares for possible swan song

Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with

Fed likely to hold rates steady as Powell prepares for possible swan song
Business|Economy

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination
Business|Economy|Finance|Political|Stock Markets|US

Tillis says he's ready to move ahead with confirming Warsh as Trump's pick as Fed chair

The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve says he's dropping his opposition after the Department of Justice ended its investigation of the current central bank chair

Tillis says he's ready to move ahead with confirming Warsh as Trump's pick as Fed chair
Business|Economy|Finance

US Senator Tillis says he's ready to advance confirmation of Warsh as Fed chair

Republican Senator Thom Tillis on Sunday said he would allow Senate confirmation of Federal Reserve chair nominee Kevin Warsh to go forward after the Department of Justice on

US Senator Tillis says he's ready to advance confirmation of Warsh as Fed chair
Business|Economy|Finance|World

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
Business|Economy

How the DOJ went from investigating Powell to dropping the case

The Federal Reserve's years-long renovation of two historic buildings along the National Mall to be used as part of its headquarters in Washington exploded into political

How the DOJ went from investigating Powell to dropping the case
Business|Crime|Economy|Political|US

Jeanine Pirro drops criminal probe of Jerome Powell

Jeanine Pirro drops criminal probe of Jerome Powell

Jeanine Pirro drops criminal probe of Jerome Powell
Business|Economy|Finance|US|World

Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh

The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor

Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Schrödinger’s ceasefire

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Schrödinger’s ceasefire
Business|Economy|Finance|Stock Markets|US|World

US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows

U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with

US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows
Business|Economy|Finance|Stock Markets|US|World

Dollar gains as Iran war keeps central banks in wait-and-see mode

The dollar rose on Wednesday on lingering concerns about the ongoing U.S.-Israeli war with Iran, after President Donald Trump

Dollar gains as Iran war keeps central banks in wait-and-see mode
Business|Economy|Finance|Stock Markets|US|World

Fed rate cut pushed back to late 2026 on war-related inflation risks: Reuters poll

The U.S.

Fed rate cut pushed back to late 2026 on war-related inflation risks: Reuters poll
Business|Economy|Political

Fed's Waller would 'absolutely' oppose firing reserve bank presidents over rate disagreement

Federal Reserve Governor Christopher Waller on Tuesday said he would "absolutely" oppose any effort to try to fire Fed regional bank presidents over disagreements on interest rate

Fed's Waller would 'absolutely' oppose firing reserve bank presidents over rate disagreement
Business|Economy|Finance

Fed chair pick Warsh makes case for smaller Fed holdings in hearing

Kevin Warsh, tapped by President Donald Trump to lead the Federal Reserve, told a Senate panel on Tuesday he would work with the Treasury Department to help achieve his

Fed chair pick Warsh makes case for smaller Fed holdings in hearing
Business|Economy|Finance|Interview|Political|Stock Markets|US

Five things learned at Fed nominee Warsh's Senate hearing

In testimony Tuesday at the Senate Banking Committee, Federal Reserve Chair nominee Kevin Warsh never said if he agrees with President Donald Trump's view that the Fed's policy

Five things learned at Fed nominee Warsh's Senate hearing
Business|Economy|Finance

Fed's Waller calls for overhaul of regional Fed bank operations

Federal Reserve Governor Christopher Waller on Tuesday laid out options for revamping the operational structure of the Fed system's 12 regional banks, calling for consolidation of

Fed's Waller calls for overhaul of regional Fed bank operations
Business|Economy|Finance|US|World

Warsh says he got no pressure from Trump to cut rates even as president publicly pushes for them

President Donald Trump’s nominee to chair the Federal Reserve says that he never promised the White House he would cut interest rates, even as the president renewed his calls for the central bank to do so

Warsh says he got no pressure from Trump to cut rates even as president publicly pushes for them
Business|Economy|US

Fed nominee Warsh spars with Democratic senators over asset divestment plan

By Michael S.

Fed nominee Warsh spars with Democratic senators over asset divestment plan
Business|Economy|Finance|Stock Markets|US

QUOTE BOX--Investor reactions to Senate hearing for Fed chair candidate Kevin Warsh

Markets were lower on Tuesday as President Donald Trump's candidate for the next chair of the Federal Reserve, Kevin Warsh, appeared before the U.S.

QUOTE BOX--Investor reactions to Senate hearing for Fed chair candidate Kevin Warsh
Business|Economy|Finance|US

3 takeaways from a fiery hearing to confirm Trump’s Fed chief pick

3 takeaways from a fiery hearing to confirm Trump’s Fed chief pick

3 takeaways from a fiery hearing to confirm Trump’s Fed chief pick
Business|Economy|Political|World

Warsh says he made no rate-cut promises to Trump, plans 'robust' Fed reforms

Federal Reserve chief nominee Kevin Warsh said on Tuesday he had made no promises to President Donald Trump about cutting interest rates, as he

Warsh says he made no rate-cut promises to Trump, plans 'robust' Fed reforms
Business|Economy|Finance|Political|US

Trump says he would be disappointed if Warsh didn't cut rates quickly

U.S.

Trump says he would be disappointed if Warsh didn't cut rates quickly
Business|Economy|Finance|World

As Warsh faces hearing, a framework for smaller Fed balance sheet emerges

By Michael S.

As Warsh faces hearing, a framework for smaller Fed balance sheet emerges
Business|Economy|Environment|Finance|Stock Markets|World

Trading Day: Cooling off, but still optimistic

Oil rose on Monday and the main U.S. equity indices fell as U.S.-Iran tensions re-escalated and the Strait of Hormuz was closed, although the

Trading Day: Cooling off, but still optimistic
Business|Economy|World

Fed chief nominee Warsh commits to central bank's independence, with limits

Kevin Warsh, U.S.

Fed chief nominee Warsh commits to central bank's independence, with limits
Business|Economy|Finance|World

Fed nominee Warsh prepares for monetary policy road test before Senate panel

After more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate

Fed nominee Warsh prepares for monetary policy road test before Senate panel
Business|Economy|Finance

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank