The Latest Breaking News from Arthur Burns

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

Deutsche Bank's explosive scenario in a note titled, “What if ?”

“It could be used to boost up the legacy of one president, only to destroy the economy in the future,” said Jamie Cox, managing partner at Harris Financial Group.

“It could be used to boost up the legacy of one president, only to destroy the economy in the future,” said Jamie Cox, managing partner at Harris Financial Group.

Nixon's Fed chair Arthur Burns is viewed by many as the worst in the institution's history for failing to stand up to the White House.

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.