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Fed officials expect tariffs to boost prices; White House downplays risk
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Federal Reserve officials said on Tuesday that higher prices are coming ...
The Roberts Court just showed how it exercises raw power
Legal Newsletter looks at a Supreme Court order that, according to the dissent, made "new law" on presidential power.
Supreme Court Order Casts Fresh Doubt on U.S. Exceptionalism, Jefferies Says
The Supreme Court granted President Trump’s emergency request to fire federal commissioners but signaled the Federal Reserve was off limits from White House interference. Strategists at Jefferies ...
Can Tariffs Replace Taxes? Ex White House Advisor Says Yes
U.S.WASHINGTON, May 23, 2025 (GLOBE NEWSWIRE) -- According to former White House and Pentagon Insider Jim Rickards, two major shifts are now unfolding: the possible closure of the IRS and the ...
Fed’s Bostic sees one rate cut in 2025 because it will take 6 months to assess tariffs’ economic impact
Atlanta Fed President Raphael Bostic explained it would take time for the central bank to fully understand the economic ...
US Federal Reserve aims to trim staff by 10% in coming years
The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...
White House hits out at Walmart over tariff-related price hikes
The White House is defending its tariff regime after Walmart plans price hikes at its thousands of retail stores nationwide. The retail giant announced it will need to raise prices over the summer due ...