The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than previously anticipated,” according to the Fed minutes released Wednesday.

United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”

Minutes of the central bank’s December meeting show heightened concern over uncertainty around the effects of President-elect Donald Trump’s plans.

During the sentencing, Justice Juan Merchan said he was keenly aware of the unique set of circumstances before him and the country.

Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.

The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is politicized and weakened, the winners will be large financial institutions and the losers will be all of us. Unfortunately, that’s already happening before President-elect Donald Trump is even sworn in.

A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.

Officials are deeply worried that the incoming president's policies on immigration and trade will cause inflation to rise.

U.S. employers added more than a quarter-million jobs in December, according to the Labor Department. That's far more than forecasters were expecting.

Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.

FOX Business host Larry Kudlow says President-elect Donald Trump's "red-hot" honeymoon is continuing on "Kudlow."