United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”

Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.

Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high.

Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.

The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate

The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is politicized and weakened, the winners will be large financial institutions and the losers will be all of us. Unfortunately, that’s already happening before President-elect Donald Trump is even sworn in.

Gold is headed for a weekly gain of roughly 2% as uncertainty around future U.S. policy under President-elect Donald Trump boosts safe-haven demand. In early trade, futures were up 0.6% to $2,706.70 a troy ounce,

Markets are carefully analysing the potential economic and inflationary impacts of the US President-elect Donald Trump's proposed policies as he prepares to take

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump's policy plans.