Fed, Trump and interest rates
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The week was a whirlwind of news, with former President Donald Trump at the center of several controversial stories. From his criticism of Federal Reserve Chair Jerome Powell to the discovery of his name in the late financier Jeffrey Epstein’s files,
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GZERO Media on MSNWhy is Trump threatening the Fed, and why does it matter?On Thursday afternoon, just before golden hour, President Donald Trump threw a white hardhat over his flaxen coif and strode into the Federal Reserve building on Constitution Avenue.
Trump lambasted the Fed for its $2.5 billion renovation of its headquarters and another building ahead of a tour of the site.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
As president, Donald Trump doesn't get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed's headquarters
When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.
Meme stocks have made a resurgence. Investors parsed Tesla and Alphabet earnings. President Donald Trump will visit the Federal Reserve on Thursday. Here are five key things investors need to know to start the trading day: It's safe to say that meme stocks have made a resurgence.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.