The latest batch of robust earnings results from major companies helped lift stocks, with the S&P 500 and Nasdaq Composite reaching new highs. The U.S. economy is set to slow, leading economic ...

U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...

The Federal Reserve last cut its key benchmark interest rate in December, reducing it by 0.25 percentage points to a target ...

Bessent also said the Fed should conduct “an exhaustive internal review of its non-monetary policy operations,” adding that ...

The remark came in response to being asked about firing Fed Chair Jerome Powell. Read more at straitstimes.com. Read more at ...

At the opening, the ringgit was mostly traded easier against a basket of major currencies.

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

U.S. and world stocks posted solid gains on Monday as the dollar and bond yields fell, while encouraging corporate earnings ...

President Donald Trump’s renewed threats to remove Federal Reserve Chair Jerome Powell are intensifying legal and economic ...

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...

It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve chairman, Jerome Powell. Headlines pulse with the drama of his impending ...

The global economy is, to put it mildly, in a state of flux. Before the most recent U.S. elections, it was already being ...