Fed Chair Powell says policies are needed to address slow income growth
In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class families since the 1970s than for higher-income households.
Trump’s Fed pick Stephen Moore withdraws amid controversy
Numerous GOP senators said they objected to Moore’s disparaging past writings about women.
WATCH: Powell to discuss Fed decision to leave interest rates unchanged
Federal Reserve Chair Jerome Powell is expected to speak around 2:30 p.m. Watch live here.
U.S. consumer spending spikes 0.9 percent in March
The March gain was the biggest monthly increase since August 2009, the Commerce Department reported.
Stephen Moore said in email that the articles published years ago do not reflect his opinions today.
Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it.
The former presidential candidate's chances to sit on the Federal Reserve board were all but doomed when four Republican senators said they wouldn't vote to confirm him if he were nominated.
Treasury Secretary Steven Mnuchin was asked about President Donald Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4…
The U.S. economy has created jobs for over 100 consecutive months, and unemployment is near a 50-year low. Still, President Donald Trump is vocal about his belief that the Federal Reserve is holding the economy back from stronger growth. William…
