Economist Marc Sumerlin confirmed that he is running to be the next Federal Reserve chair in an interview with CNBC on Aug.

Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...

US Treasuries held onto gains after traders boosted bets that the Federal Reserve will cut interest rates at its next meeting ...

Bitcoin slipped after rising producer prices blunted rate-cut hopes and a Trump official said the U.S. wouldn't start ...

The US dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.

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I didn’t tell the Fed what to do,” Bessent said Thursday in an interview on Fox Business, referring to his comments a day ...

Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...

You know markets are fully risk-on when cryptocurrencies are on a tear, with bitcoin joining global stocks to scale a record peak as the near certainty of U.S. interest rate cuts bolsters risk ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point ...

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...