President Donald Trump on Wednesday blasted Federal Reserve Chair Jerome Powell and the U.S. central bank on Truth Social, saying their failures created with Inflation and that they have done a “terrible job on Bank Regulation.

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong economy, but with less freedom to maneuver than he had during his first term.

Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed above the Federal Reserve's 2% target every month since March 2021. As the prices of various goods and services increased and ...

The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has struggled from high upfront costs and faces an uncertain future amid the US president’s tariffs threats and restrictions to solar and wind development.

President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.

On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.

economists expect inflation could worsen -- making it less likely the Federal Reserve will cut its key interest rate much this year. All of these trends will likely keep borrowing costs higher ...

Joe Biden’s time in the White House has been a positive ... as the global economy began its recovery from the pandemic, while the Federal Reserve maintained supportive monetary-policy measures first implemented in early 2020. But in 2022, Wall Street ...

The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing climate change.