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Business & Tech

Why Trump’s call for the Fed to cut interest rates may not help consumers

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers. In fact, economists say, Trump's ongoing attacks on Fed Chair Jerome Powell and his tariff policies ...

Wall Street leaps nearly 3% as markets worldwide rally

NEW YORK (AP) — U.S. stocks are leaping Wednesday as a worldwide rally comes back around to Wall Street following updates from President Donald Trump about his plans for the Federal Reserve and his trade war that investors found encouraging. The S&P 500 was 2.7% higher in morning ...