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STORY: U.S. Federal Reserve Governor Adriana Kugler is resigning early from her term, potentially shaking up a succession process at the central bank amid difficult relations with President Donald ...
One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week, ...
Amazon shares were worst hit while apple also warned against the adverse effect of tariffs on cost. Analysts believe that ...
Trump called for the firing of the Labor statistics official after data earlier showed employers added just 73,000 jobs in July, while job gains for the previous two months were largely erased.
President Trump, who has waffled back-and-forth in recent weeks over whether he would move to oust Federal Reserve Chair Jerome Powell, signaled Friday that the move was unlikely. In an interview ...
The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed that the central banker is "TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have ...
Separately, US President Donald Trump ordered that the commissioner of the US Bureau of Labor Statistics, Erika L. McEntarfer, be fired after data showed employment growth was than expected last month ...
Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted quarterly results but failed to meet lofty expectations for its Amazon Web Services cloud computing unit ...
Adriana Kugler steps down, giving Trump a chance to shape board. Federal Reserve governor Adriana Kugler is stepping down early from the central bank's powerful board of governors, creating an ...
US President Donald Trump said he would fire the head of the agency charged with publishing some of America's most closely ...