Higher-than-expected U.K. inflation won't deter the BOE from loosening interest rates in August, but it could make policymakers more cautious about the pace of rate cuts ahead, according to the ...

Oil rose amid seasonal demand hopes. "We're entering the U.S. peak driving season, where gasoline consumption tends to spike," said Fawad Razaqzada, a market analyst at City Index and FOREX.com.

Congress is scrambling to meet a Friday deadline to pass a bill requested by President Donald Trump to claw back $9 billion in foreign aid and federal funding for public broadcasting. The ...

The president and his administration could be laying the groundwork to remove Chairman Jerome Powell for cause.

The US president regularly blasts the central bank chair, whom he appointed. Now Trump’s allies appear to be building a case ...

President Trump on Tuesday suggested cost overruns in the Federal Reserve's headquarters renovation could be a fireable ...

President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...

The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...