Yellen Warns Trump's Tariff Plan Could Raise Consumer Living Costs
The Biden administration is firmly opposing former President Trump's proposal to replace income taxes with tariffs.
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The IRS Wants To End Another Major Tax Loophole For The Wealthy
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process.
Fed's Harker: One Interest Rate Cut This Year My Base Case
The Fed would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said if his forecast plays out.
Why CEOs Fear Trump
After 34 felony convictions in New York, Donald Trump is getting back to business as usual, including an off-the-record chat with dozens of CEOs.
The Fed Isn't Really Taking 2 Rate Cuts Off the Table
On Wednesday, the Fed revised its outlook for interest rate policy in 2024, signaling just one cut instead of the three seen back in March.
Fed 'Dot Plot' Suggests Central Bank Will Cut Interest Rates One Time In 2024
Fed 'dot plot' suggests central bank will cut interest rates one time in 2024, down from 3 cuts in March.
A Cooler Inflation Number Amplifies The Political Pressure On Jerome Powell
A new wave of political pressure greeted Jerome Powell as he and his colleagues gathered in Washington to discuss the direction of interest rates.
