The immediate obstacle isn’t opposition to Warsh himself. Instead it is an investigation into current Fed Chair Jerome Powell that has created a procedural standoff inside the Senate Banking Committee ...

Meanwhile, Iran took credit for attacks on ships in the Strait of Hormuz as U.S. gas prices reached a national average of $3.59 a gallon.

Iran took credit for attacks on ships in the Strait of Hormuz as U.S. gas prices reached a national average of $3.59 a gallon ...

US-Iran War Live Updates - United States and Israel continues to intensify, with warnings and military threats from multiple sides. Stay tuned for the latest updates, reactions and key developments ...

Even as a record amount of oil was released from reserves, yields pushed higher and crude prices rose. Investors are seeing there’s no easy way out of the mess.

The U.S. stock market remained calm, even as the price of oil got back to rising. The S&P 500 edged down 0.1% Wednesday for a second day of modest moves following what had been a wild stretch caused ...

But now, a surge in oil prices tied to the war in Iran threatens to undo that progress, and it could keep the central bank in a holding pattern when it comes to interest rates. Th ...

President Donald Trump nominated Kevin Warsh to succeed Jerome Powell as Fed chair, but the process has been blocked amid a federal investigation into Powell.

Iran took credit for attacks on ships in the Strait of Hormuz as U.S. gas prices reached a national average of $3.59 a gallon.

One of the threats came in reply to a post in which Democratic Rep. Eric Swalwell said Attorney General Pam Bondi "REFUSED" ...

Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected ...

The February inflation data was gathered before the United States and Israel launched an attack on Iran. The two-week conflict has already pushed up energy costs and raised prices ...