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In his first term, President Donald Trump toyed with ousting Jerome Powell out of anger that the Federal Reserve chair was ...
Most legal scholars agree that Trump can’t fire Powell from the Fed’s board of governors, and there is no legal precedent for ...
Trump's softer tone on China tariffs and Fed chair Powell sparked a strong relief rally on Wednesday. Stocks, bonds, and the ...
Trump made good on his threat to strip Maine of federal dollars over its rules regarding transgender athletes — rules ...
U.S. stock futures point to a higher opening after President Donald Trump said he has “no intention” of firing Federal ...
The company reported a profit for its core auto business that topped rock-bottom expectations, while CEO Elon Musk said he ...
The changes reportedly come as Treasury Secretary Scott Bessent has been able to exert a stronger influence on Trump. Bessent ...
Gold prices were down dramatically on Wednesday from a record high as a more risk-on tone emerged on Wall Street. Gold futures for June delivery were down 2.7% in early trading to about $3,327 an ...
Americans elected President Donald Trump in hopes that he would fight inflation and boost the U.S. economy, but as he ...
Nathan Sheets, Citi Research global chief economist, joins 'Squawk Box' to discuss President Trump's comments on Fed Chair ...
U.S. stock futures were surging on Wednesday morning after President Donald Trump said he had no plans to remove Federal Reserve Chair Jerome Powell, soothing some of Wall Street's worries about the ...
A panel of judges at the U.S. Court of International Trade ruled not to issue a temporary restraining order against Trump’s ...
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