President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade …
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now …
Labors work at a factory’s workshop in Huaying, Sichuan province of China. Getty Images China’s recent record $1.1 trillion trade surplus showed that despite President Donald Trump‘s efforts to use tariff policy to slow China’s manufacturing export strength, the geopolitical and economic rival has not only found global workarounds, but …
The fatal shooting this weekend of a second American citizen by federal immigration agents in Minnesota has forced corporate leaders to do something they’ve rarely done since President Donald Trump returned to office last year: publicly disagree with his policies. For months, executives have kept quiet as the Trump administration …
A federal agent cordons off the area as people gather at the scene of a shooting involving federal immigration agents in Minneapolis, Minnesota, on Jan. 24, 2026. Tim Evans | Reuters Minnesota Gov. Tim Walz on Saturday called on President Donald Trump to end sweeping Immigration and Customs Enforcement (ICE) …
Colorado residents fill out cards and share their stories for content to send to congressional representatives regarding health-care cuts on Nov. 1, 2025, the first day of ACA open enrollment, in Northglenn, Colorado. Tom Cooper | Getty Images Entertainment | Getty Images Some states are stepping in to blunt the …
NEWYou can now listen to Fox News articles! It all started back in the summer. A furor erupted over releasing the Epstein files. The House began its summer vacation a day early. That halted spending bills. Congressional Republican leaders were concerned that bipartisan lawmakers wanted to attach provisions to the …
People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt …
Trump says Venezuela will receive some revenue from oil sales Trump told CNBC that Venezuela will receive some revenue from the sale of 50 million barrels of oil that it has shipped to the U.S. “We’re going to sell it at the market price,” Trump said. “We’re going to give …
Federal Reserve Governor Lisa Cook‘s job seemed safe from firing by President Donald Trump after Supreme Court justices skeptically questioned the Trump administration’s lawyers on Wednesday about the grounds for Cook’s would-be termination and its effect on the Fed’s historical independence. Justice Brett Kavanaugh warned Solicitor General D. John Sauer …
