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It's not clear how the inquiry into Federal Reserve Chair Jerome Powell was approved, but housing regulator Bill Pulte met with President Donald Trump at Mar-a-Lago, and shared a prop resembling a "wanted poster" he had made up featuring Powell.
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The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
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The Justice Department's probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank's headquarters has raised alarms.
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The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank against the efforts of President Trump to control the Fed.
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S&P 500, Dow climb to closing records as traders look past Fed independence risk: Live updates CNBCStock market today: Dow, S&P 500 eke out records, gold soars after Trump amps up fight with Fed, Powell Yahoo FinanceCNBC Daily Open: Powell probe rattles Washington, but Wall Street shrugs CNBCStocks and Treasuries calm after Fed indictment jitters, dollar weakens Reuters
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There's more to the probe aimed at the Federal Reserve chair than meets the eye.
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Dow falls more than 100 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates CNBCStatement from Federal Reserve Chair Jerome H. Powell Federal Reserve Board (.gov)Fed Changes Tack as Trump Administration Invokes ‘Nuclear Option' The New York TimesRepublican Sen. Thom Tillis vows to block Trump's Fed nom
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AbbVie reached a deal with the Trump administration on drug prices in exchange for being exempted from tariffs and future price mandates.
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The deal would cut tariffs and include a commitment from Taiwanese Semiconductor Manufacturing Corporation, the island's chip giant, to build more manufacturing plants in the United States.
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Precious metal prices surge as conflict intensifies
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A rise to record highs in gold and silver after another tumultuous weekend for news headlines tied to Trump and the Federal Reserve, and to growing tensions in Iran, Venezuela, and Greenland, shows that a commodities supercycle is "firmly intact."
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New York City nurses went on strike over staffing levels and health benefits at key hospitals.
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Bob Weir, Guitarist and Founding Member of The Grateful Dead, Dies at 78 The New York TimesBob Weir, guitarist and founding member of the Grateful Dead, has died at 78 NPRGrateful Dead founding member left behind huge fortune at time of death YahooBob Dylan, Trey Anastasio, John Mayer, and More Remember Bob Weir PitchforkDon Was honors Bob Weir in Ann Arbor: 'His music will never st
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Popular reasons for gold's surge fall short.
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With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
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A new year has unleashed a new round of debate on how much more money America's super-rich should be paying in taxes.
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5 lines from Nikki Glaser that sum up her night as Golden Globes host YahooNikki Glaser Roasts Leonardo DiCaprio at Globes for Dating Younger Women People.comGolden Globes host jokes about Epstein files YahooNikki Glaser Doesn't Spare CBS News in 2026 Golden Globes Monologue The New York Times
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Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.
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The December U.S. jobs report was just good enough to persuade investors the Federal Reserve won't cut interest rates again in January. Stubborn inflation could ensure the Fed stands pat.
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A broader shift out of U.S. financial assets would revive last year's trend called the "sell America" trade.
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Trump's move to pull US from key UN climate treaty may be illegal, experts say The GuardianQ&A: What Trump's US exit from UNFCCC and IPCC could mean for climate action Carbon BriefWhich are the 66 global organisations the US is leaving under Trump? Al Jazeera
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Gen Z is navigating their careers with a different mentality than previous generations, shifting how employers should approach this group.
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The 2025 holiday season was solid for some retailers as they posted modest growth, but results failed to blow away expectations.
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A Republican senator with leverage says he won't support a nominee for Fed chair until the Justice Department's probe of Jerome Powell is resolved.
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President Trump wants to see a 10 percent cap on interest rates before the end of the month.
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Powell adds that it's the result of a power struggle between the Fed and President.
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It's not the dysfunctional culture that kills great companies — it's the denial of it. Leaders must face the brutal reality and take meaningful steps to fix it.
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Ho hum holiday: Retail's early results show modest growth in critical shopping season CNBCLululemon Rises as Holiday Sales Show Signs of Rebound Bloomberg.comLululemon Sees Quarterly Profit at High End After Strong Holiday Sales The Wall Street JournalLululemon Stock (LULU) Rises on Upbeat Outlook for Q4 2025 Earnings TipRanks
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Seahawks Will Host 49ers Saturday In Divisional Round Seattle SeahawksOur early primer for the divisional round matchups: How every team could win next weekend ESPNNFL ignores 49ers playoff scheduling request for divisional round: Why Kyle Shanahan pleaded with the league CBS SportsNFL playoff field, divisional round weekend schedule: Seahawks to host 49ers, Broncos to host Bills Yahoo Sports
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Shipbuilding is essential to a nation's strength and economic resilience. How can the United States bolster its maritime talent pipeline to promote this critical sector?
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Brooks Koepka is set to rejoin the PGA Tour after years at LIV Golf. But his return won't come cheap.
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Two budget airlines are joining forces to take on the industry giants.
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3 inmates dead, 12 hurt after "major fights" at Georgia prison, authorities say CBS NewsThree inmates dead after ‘possible riot' at Georgia state prison The Guardian3 inmates dead, at least 12 more injured in incident at Georgia prison WSB-TV
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World's most vital oil chokepoint back in focus amid possible U.S. action against Iran CNBCOil dips as investors assess Iran supply, Venezuelan export resumption ReutersOil Rises for a Third Day as Focus Shifts to Iranian Protests Bloomberg.comOil prices rise as Iran crackdown suggests Tehran fears a 'dire security threat to the regime' Fortune
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The biggest bull on Apple's stock is looking for the company to address its "invisible AI strategy' and keep Tim Cook around as CEO for this transformative period.
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Federal Prosecutors Open Investigation Into Fed Chair Powell The New York TimesStatement from Federal Reserve Chair Jerome H. Powell Federal Reserve Board (.gov)Morning Bid: Powell's punch back jolts markets ReutersTrump denies involvement in DOJ's Fed subpoenas: 'I don't know anything about it' NBC NewsDOJ subpoenas Federal Reserve in escalating pressure campaign
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The Justice Department served the Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an "unprecedented" criminal indictment against him over cost overruns for the renovation of the Fed's headquarters building.
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Melissa McCarthy stuns at 2026 Golden Globes: See her look ABC NewsView Full Coverage on Google News
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Budget airlines in the U.S. like Allegiant and Sun Country have faced a surge in costs following the pandemic and the increase in domestic capacity.
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The best thing that could be said about the U.S. jobs market at the end of 2025 is at least it didn't get any worse. And maybe — just maybe — hiring might improve in the new year.
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Canada's main stock index futures inched
up on Thursday as oil prices rose, while fears of a second wave
of coronavirus cases in major economies held back a sharper
rise.
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