Breaking News: Economy

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal…

U.S., China to hold first AI talks within ‘weeks’ amid ongoing TikTok stalemate

The U.S. and China will hold their first high-level talks on artificial intelligence within the “coming weeks,” U.S. Secretary of…

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the…

High company valuations a ‘worry,’ IMF’s capital markets chief says

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…

Watch Fed Chair Powell speak live during a policy forum in Washington

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…