Economy

The Story President Donald Trump will swear in Kevin Warsh as Federal Reserve chair during a ceremony on Friday, a White House official confirmed. Warsh, hand-picked...

The Story Market veteran Ed Yardeni said the Federal Reserve may need to raise interest rates in July to address bond market concerns. Yardeni, originator of...

The Story A survey from the Federal Reserve Bank of Philadelphia projects consumer price inflation will hit 6% in the second quarter of 2026, up sharply...

The Story Treasury Secretary Scott Bessent told CNBC on Thursday that he expects “substantial disinflation” in the coming months, just as Kevin Warsh is set to...

The Story Samsung Electronics Co. workers gathered at a semiconductor plant in Pyeongtaek, South Korea, on April 23, 2026, chanting slogans ahead of a strike scheduled...

The Story Kevin Warsh won the race for Federal Reserve chairman partly by planning to lower interest rates. Now, he faces a different dynamic: restraining a...

The Story Minneapolis Federal Reserve President Neel Kashkari said Thursday that bringing down inflation remains his top priority, describing consumer prices as “much too high.” Speaking...

The Story Chicago Federal Reserve President Austan Goolsbee said Thursday that energy inflation tied to the war in Iran has persisted longer than anticipated, creating a...

The Story Aluminum prices have surged to multiyear highs following U.S.-Israeli strikes on Iran in late February, according to a single-source report from CNBC. The price...

The Story Dan Loeb, founder and chief executive of Third Point, said on a podcast published Thursday that Sam Bankman-Fried fooled him. The article’s headline also...