The Latest Breaking News from Arthur Burns

Jefferies’s David Zervos says Jerome Powell’s critics are nothing more than “Armageddonistas” who are “in desperate need of a fresh beatdown.”

People have paid tributes to loved ones, family and friends who passed away in recent weeks

“Just kick ‘em in the rump a little,” the president told the chairman of the Federal Reserve four days before the central bank’s interest rate setting committee was to meet. The American economy was limping along, federal spending was a growing concern, and a war was raging halfway around the…

Consumer price inflation data set a new 40-year high in June, according to the U.S. Labor Department.