Fed Chairman Kevin Warsh stuck to his long-stated belief in his first press conference on Wednesday that "inflation is a choice." That message is part of a broader reorganization Warsh has planned to ...

Kevin Warsh has not committed to holding a press conference at every Fed meeting like his predecessor Jerome Powell did. Warsh has said central banks don't need to telegraph their every move to ...

Fed policymakers voted to keep the benchmark federal-funds rate target unchanged at a range of 3.50% to 3.75% after wrapping up their two-day meeting. The Fed is not projecting any rate cuts in 2026.

U.S. stocks stumbled on Wednesday, adhering to a long tradition of weak performance in the aftermath of a new Federal Reserve chair’s first meeting at the helm of the central bank. Inflation has ...

The Bureau of Labor Statistics released the May jobs report at 8:30 a.m. Eastern time. Here is what it showed: Payrolls: +172,000, higher than April's rate of 115,000. Unemployment rate: 4.3%, the ...

The Athens Drive Community Library in February 2025. Credit: Photo by Angelica Edwards The Wake County Board of Commissioners seems poised to support a 2.6-acre site in Southwest Raleigh for the ...

Toyota has a massive project on its hands with twin-turbo V6 repairs. More than 270,000 vehicles with the V35A-FTS engine have been recalled to date, with the only thorough remedy thus far being ...

Americans are feeling worse about their money than they have in years. That's the takeaway from the New York Fed's May Survey of Consumer Expectations, which was released on June 8. The share of ...

(The Center Square) - The central bank would implement new task forces to aid in deciding monetary policy, Kevin Warsh, the new chairman of the Federal Reserve, said Wednesday. The central bank also ...

The $30 trillion Treasury market could be the center of attention this week as a deal to open the Strait of Hormuz looks possible and as Kevin Warsh prepares for his first meeting as Federal Reserve ...

Thursday could be telling in whether investors can look past AI spending worries fueled by Oracle, or focus on the Fed’s last rate cut of the year. The optimists looking for cheer may find it in our ...