The Latest Breaking News from the Federal Reserve

China is the second largest holder of US debt and could, theoretically, dump it to devalue the dollar.

Donald Trump took issue with its 60 Minutes news program after it aired two segments regarding the war in Ukraine and his plan to annex Denmark’s autonomous territory of Greenland.

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

"Unless the functioning of financial markets, such as the flow of credit, begins to seize up, there isn’t much the Fed can do."

It’s hard to say if the president truly knows what he’s doing. But there is a precedent for the US causing short-term chaos and reaping long-term gain, says economist James Meadway

When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive order released the same day, the White House said the…

June S&P 500 E-Mini futures (ESM25) are down -3.29%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.81% this morning as worries over the economic fallout of U.S. President Donald Trump’s sweeping tariffs continue to weigh on sentiment.

“I don’t know why Trump didn’t learn the lesson of the Smoot-Hawley tariff,” he said.

New hiring data from the US, set to be released on Friday, will likely be positive. Even so, economists warn of risks ahead from tariffs, DOGE, and restrictions on migration.