Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...

Inflation increased 0.2% in October. Check out why I think today's CPI report is unlikely to change the trajectory of the ...

The consumer price index may show core inflation coming in on the high side again. That could slow Federal Reserve rate cuts ...

The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...

Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?

Musk – the richest person in the world with a net worth of $304 billion, according to Forbes – played a central role in ...

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

WASHINGTON — Federal Reserve Chairman Jerome Powell said Thursday he would not resign if requested by President-elect Donald Trump in a potential dispute over constitutional authority. The Federal ...

Falling interest rates are good news for car buyers and people with credit card debt, but after the presidential election, mortgage rates are on the rise. CBS News business analyst Jill Schlesinger ...