U.S. World Business Lifestyle
Today: February 02, 2026
Today: February 02, 2026

Federal Reserve

Business|Economy|Finance

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The investigation follows Fed Chair Jerome Powell’s refusal to toe the White House’s line over interest rate cuts.

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake
Business|Crime|Economy|Political

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may undermine the White House’s goals

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence
Business|Economy|Finance|Stock Markets

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown

Minnesota and the Twin Cities are suing the federal government to stop surge by federal immigration authorities

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown
Business|Economy|Finance|Stock Markets|World

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed

Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed
Business|Economy|Finance|World

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed
Business|Crime|Economy|Finance|Political|Stock Markets|US

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
Business|Economy|World

Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%

Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low

Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%
Business|Economy|Finance|World

Budget office expects Federal Reserve to cut rates in 2026

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026

Budget office expects Federal Reserve to cut rates in 2026
Business|Economy

Judge rebuffs Trump administration’s latest attempt to shut down consumer protection watchdog

Judge rebuffs Trump administration’s latest attempt to shut down consumer protection watchdog

Judge rebuffs Trump administration’s latest attempt to shut down consumer protection watchdog
Business|Economy|Finance|Political|Stock Markets|US

Judge blocks White House's attempt to defund the CFPB, ensuring employees get paid

A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau

Judge blocks White House's attempt to defund the CFPB, ensuring employees get paid
Business|Economy|Finance|Stock Markets|World

Asian shares follow Wall Street lower in final stretch of 2025

Shares are mostly lower in Asia and U.S. futures are flat after stocks slipped on Wall Street

Asian shares follow Wall Street lower in final stretch of 2025
Business|Economy|Finance|Stock Markets|World

Asian shares are mixed after US stocks drift to more records

Asian shares are mixed in thin holiday trading, with most markets in the region and elsewhere closed for Christmas

Asian shares are mixed after US stocks drift to more records
Arts|Business|Economy|Europe|Finance|MidEast|Stock Markets|US|World

Gold is set for its best year since Jimmy Carter was president

Gold is set for its best year since Jimmy Carter was president

Gold is set for its best year since Jimmy Carter was president
Business|Economy|Finance|US|World

Average US long-term mortgage rate ticks down to 6.18% this week

The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months

Average US long-term mortgage rate ticks down to 6.18% this week
Business|Economy|Finance|Stock Markets|World

S&P 500 closes at another record, beating the high it set earlier this month

Wall Street closed at another record following a surprisingly strong report on economic growth over the summer

S&P 500 closes at another record, beating the high it set earlier this month
Business|Economy|Environment|Finance|Lifestyle|Stock Markets|US

US drivers are seeing lower gas prices this holiday season

This holiday season, many U.S. drivers are getting the gift of lower gas prices

US drivers are seeing lower gas prices this holiday season
Business|Economy|Finance|Stock Markets|US

Resilient US consumers drive strongest economic expansion in 2 years

The U.S. economy economy expanded at a strong 4.3% annual rate from July through September as consumer spending, exports and government spending all grew

Resilient US consumers drive strongest economic expansion in 2 years
Business|Economy|Finance|Stock Markets|US

Average US long-term mortgage rate edges lower, remaining near its low for the year

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year

Average US long-term mortgage rate edges lower, remaining near its low for the year
Business|Economy|Finance|Stock Markets|World

More drops for AI stocks drag Wall Street to its worst day in nearly a month

More drops for AI stocks dragged the U.S. market to its worst day in nearly a month

More drops for AI stocks drag Wall Street to its worst day in nearly a month
Business|Economy|Finance

The No. 1 cause of America’s affordability problem just got worse

The No. 1 cause of America’s affordability problem just got worse

The No. 1 cause of America’s affordability problem just got worse
Business|Economy|Finance|Political|Stock Markets|US|World

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%
Business|Economy|Technology|World

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks

More drops for superstar AI stocks knocked Wall Street off its record heights

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks
Business|Economy|Finance|Stock Markets|US|World

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year
Business|Economy|Finance|Stock Markets|World

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months

Federal Reserve cuts key rate, sees healthier economy next year
Business|Economy|Finance|Stock Markets|World

US stocks rise after the Fed cuts rates and hopes build for more

The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026

US stocks rise after the Fed cuts rates and hopes build for more
Business|Economy|Election|Finance|Political|Stock Markets|US

Trump's speech on combating inflation turns to grievances about immigrants from 'filthy' countries

At a nighttime event in Pennsylvania, President Donald Trump tried to emphasize his focus on combating inflation, although the issue couldn't quite command his full attention

Trump's speech on combating inflation turns to grievances about immigrants from 'filthy' countries
Economy|Science|Technology|World

The Latest: Trump speaks on Americans’ economic worries and blames Democrats at Pennsylvania rally

President Donald Trump road-tested his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania

The Latest: Trump speaks on Americans’ economic worries and blames Democrats at Pennsylvania rally
Business|Economy|Finance|Stock Markets|US|World

U.S. job openings barely budged in October, coming in just below 7.7 million

U.S. job openings barely budged in October, coming in at 7.7 million amid uncertainty over the direction of the American economy

U.S. job openings barely budged in October, coming in just below 7.7 million
Business|Economy|Finance

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
Arts|Business|Economy|Entertainment|Finance|Stock Markets|Technology|World

Wall Street pulls back from its record heights

U.S. stocks pulled away from their record heights

Wall Street pulls back from its record heights
Business|Economy|Finance|Science

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

Recent news reports highlighted how the Fed technically has a third mandate – moderate long-term interest rates. An economist explains how the objective is already baked into the other two.

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
Business|Economy|Technology

Could paper checks be on the way out, like the penny?

Could paper checks be on the way out, like the penny?

Could paper checks be on the way out, like the penny?
Business|Economy|Political

Roberts and Kagan prepare for another showdown on executive power

Roberts and Kagan prepare for another showdown on executive power

Roberts and Kagan prepare for another showdown on executive power
Asia|Business|Economy|Finance|Stock Markets|US|World

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Business|Economy|Finance|Stock Markets|World

Asia markets mixed, sentiment tepid as Fed looms

The dollar hit a five-week low while Asian stocks made a lacklustre start to the trading session on Thursday, after weaker-than-expected economic

Asia markets mixed, sentiment tepid as Fed looms
Business|Economy|Finance|Stock Markets|US|World

Trading Day: Fed hopes fire risk rally

Stocks rose while U.S. bond yields and the dollar fell on Wednesday, after surprisingly weak private sector jobs data increased the likelihood

Trading Day: Fed hopes fire risk rally
Business|Economy|Finance|Political|US|World

Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports

Bond investors have expressed concerns to the U.S.

Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports
Business|Economy|Finance

Bessent says Federal Reserve Board could 'veto' future regional presidents

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency

Bessent says Federal Reserve Board could 'veto' future regional presidents
Business|Economy|Finance|Political|US|World

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says

Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says
Business|Economy|Finance|Stock Markets|World

Euro hits almost seven-week high, dollar broadly lower

The euro hit an almost seven-week high against the dollar on Wednesday, boosted by data showing an expansion in euro zone business activity, while weaker

Euro hits almost seven-week high, dollar broadly lower
Business|Economy|Finance|Stock Markets|US

US services little changed in November, but orders slow

The U.S. services sector activity held steady in November, with employment still subdued and prices for inputs elevated, a survey showed on Wednesday.

US services little changed in November, but orders slow
Business|Economy|Finance|Stock Markets

Stocks gain, US yields drop as markets weigh likely Fed rate cut

Global shares rose while U.S. Treasury yields fell after weak economic data solidified expectations of a Federal Reserve interest rate cut.

Stocks gain, US yields drop as markets weigh likely Fed rate cut
Business|Economy|Finance|Stock Markets|World

Just a blip for risk assets, more Fed pain for the dollar

By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today Risk assets are showing further signs of recovery on Wednesday from a

Just a blip for risk assets, more Fed pain for the dollar
Business|Economy|Finance|World

Fed data suggests central bank has stopped losing money

By Michael S.

Fed data suggests central bank has stopped losing money
Business|Economy|Finance|Stock Markets|World

Stocks steady as slide in bitcoin, global bonds hit pause

Global shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in bond markets and cryptocurrencies

Stocks steady as slide in bitcoin, global bonds hit pause
Business|Economy|Finance|Stock Markets|World

Dollar eases versus yen as BOJ hints at rate hike

The dollar slipped against the Japanese yen on Monday following Bank of Japan Governor Kazuo Ueda's strongest indication to date that

Dollar eases versus yen as BOJ hints at rate hike
Business|Economy|Finance|Stock Markets|World

A far from quiet end to the year 

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today. 

A far from quiet end to the year 
Business|Economy|Finance|World

Flurry of Fed dissents in coming meetings could pose market, political risks

The U.S.

Flurry of Fed dissents in coming meetings could pose market, political risks
Business|Economy|Finance|Stock Markets|US

Blue Owl's teachable moment for investors and asset managers chasing yield and 'hot money'

Blue Owl's turnabout decisions in the last two weeks – to merge, and then not merge, and then maybe merge two of its private credit funds at a later time –

Blue Owl's teachable moment for investors and asset managers chasing yield and 'hot money'