US stocks open lower after a rare earnings miss from Walmart and comments from the Kansas City Fed chief that sow doubt for September rate cut.

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...

A U.S. Justice Department official urged Federal Reserve Chair Jerome Powell to remove Lisa Cook from the Federal Reserve's ...

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

(Reuters) -The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to ...

President Donald Trump ramped up pressure on the US central bank on Wednesday with a call for Federal Reserve (Fed) Governor Lisa Cook to step down as he continued to criticize Fed Chairman Jerome ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a govern ...