The average 30-year fixed mortgage rate fell to 6.37% this week, down six basis points from 6.43% the week before, according to U.S. News data. Mortgage refinance rates also pulled back this week, ...

Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, in a 54-45 vote that was the closest in the modern era. President Donald Trump has made no secret that he expects Warsh to lower ...

President Donald Trump finally got a new Federal Reserve chair. His allies aren’t so sure he’ll get his interest rate cuts any time soon, though. The Senate confirmed Kevin Warsh as the central bank’s ...

OpenAI and Oracle are building a massive data center in Michigan — and residents' power bills are hinging on it. The data center is part of OpenAI's Stargate project, originally a joint venture ...

The Federal Reserve kept interest rates steady Wednesday as President Trump’s new pick to lead the bank inched closer to confirmation. By a vote of 8-4, the Federal Open Market Committee (FOMC) ...

The path to Kevin Warsh’s confirmation as the next Federal Reserve chair just got cleared, but traders still see an interest-rate cut in the first half of the year as a pipe dream. Jerome Powell’s ...

Speaking before the Senate Banking Committee at his Fed chair confirmation hearing, Kevin Warsh pushed back on the idea he was accepting the job as a rate-cutting foot soldier for the White House: ...

The DOJ’s decision to drop its Fed renovation investigation removes a key obstacle to Kevin Warsh becoming chair. A more dovish tone could help, but FOMC votes, labor data and elevated oil prices will ...

Kevin Warsh’s confirmation hearing revealed a nominee who aims to narrow the Fed’s mandate, overhaul its inflation framework, and reduce its reliance on unconventional tools. But first he will have to ...

President Trump on Tuesday said he would be disappointed if the Federal Reserve Chair nominee Kevin Warsh does not cut interest rates right away — comments that came moments before Warsh’s scheduled ...

Add Yahoo as a preferred source to see more of our stories on Google. President Trump's Federal Reserve nominee Kevin Warsh faces the Senate Banking Committee today as he seeks to replace Jerome ...

WASHINGTON, April 21 (Reuters) - Federal Reserve chief nominee Kevin Warsh said on Tuesday he had made no promises to President Donald Trump about cutting interest rates, as he tried to assure U.S.