The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials ...

The Trump administration is actively seeking a replacement for Federal Reserve Chairman Jerome Powell this fall. Treasury ...

The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...

The price of Bitcoin wavered after a hotter-than-expected jobs report pointed to a resilient U.S. labor market, squashing ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

The housing industry is desperate for good news on interest rates, but it didn’t get any from Thursday's jobs report.

Sorkin flagged that June's strong jobs report will give Jerome Powell justification for having resisted Trump on lowering ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...

Today’s jobs report handed Federal Reserve Chair Jerome Powell exactly what he’s been asking for: time. With June payrolls rising by 147,000, unemployment edging down to 4.1%, and wage growth ...

U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care ...

Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?