Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.

A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began.

U.S. stocks rose, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.

More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.

After meandering for a couple of months, financial markets endured numerous frenzied swings during March as the war in Iran raged.

Federal Reserve Chair Jerome Powell says it's important to closely monitor inflation amid a spike in energy prices from the Iran war as the average price for for gasoline nears $4 a gallon in the U.S. But he also said Monday, addressing students at Harvard University, that there isn't a lot Fed policymakers could do.

The number of Americans applying for jobless aid inched up last week as employers continue to retain workers despite a labor market that has weakened considerably in the past year.

Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe.

The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.

An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.

Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.

Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before the U.S.-Israeli attack on Iran sent energy costs soaring.

Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate cut at its next meeting in March, a move that would likely spur further attacks by President Donald Trump.

A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year.

Wall Street kept calm after the Supreme Court struck down President Donald Trump’s sweeping tariffs, and stocks ticked higher.

The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year.

U.S. stocks rose following sharp swings that shook financial markets overnight, including tumbles for Asian stocks.

Few ripples washed through Wall Street after the Federal Reserve decided to keep its main interest rate steady, just like investors expected.

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result.

The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that price increases remain stubbornly elevated.

Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

Losses for several banks and Big Tech stocks pulled U.S. indexes lower, even though the majority of stocks on Wall Street rose.

Wall Street's relationship with the Trump administration is souring.

Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies.

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing.

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.

U.S. stocks rose to more records following a mixed report on the U.S. job market.

Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low.

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026.

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank.

A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.

A coalition of 21 attorneys general from Democratic-led states has sued the Consumer Financial Protection Bureau and its director, Russell Vought.

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports.

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year.

The number of Americans applying for unemployment benefits jumped last week, but the total number of those collecting benefits fell to the lowest level in eight months.

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years.

The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026.

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months.

U.S. stocks largely held in place as Wall Street waits to hear what the Federal Reserve will say about interest rates.

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.

U.S. applications for unemployment benefits fell to their lowest level in more than three years last week, potentially complicating the Federal Reserve’s upcoming decision on interest rates.

U.S. stocks rose near their record levels.

The U.S. stock market held steadier as both bond yields and bitcoin stabilized.

U.S. stocks gave back some of last week’s rally, as bitcoin fell sharply again.

Wall Street rose for a fifth straight day to put the wraps on a volatile month.

Shares in Europe are mixed following gains in most Asian markets.

The number of Americans applying for unemployment benefits declined last week in a sign that layoffs remain low, even as several high-profile companies have announced job cuts.

Stocks climbed again on hopes for a coming cut to interest rates.

The U.S. stock market rallied.

More swings hit Wall Street, except it finished higher this time.

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday.

President Trump has nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau.

The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, hovering near its low point so far this year.

U.S. stocks drifted around their records in a mixed day of trading.

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.

The U.S. stock market pushed further into record heights.

The government shutdown likely means there won’t be an inflation report next month for the first time in more than seven decades, the White House said Friday, leaving Wall Street and the Federal Reserve without crucial information about consumer prices.

The average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year.

U.S. stocks rose to the cusp of their records.

U.S. stocks slumped after another turbulent day of trading.

Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.

From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.

A bipartisan group of former Federal Reserve chairs, Treasury secretaries, and top White House economists urged the Supreme Court Thursday to reject an attempt by President Donald Trump to fire Federal Reserve governor Lisa Cook.

The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week decline.

Sales of previously occupied U.S. homes remained sluggish in August, despite a late-summer slide in mortgage rates.

President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level, staking out a position far different than his colleagues.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.

U.S. stocks churned between gains and losses, but they ultimately remained near their record levels.

Experts believe the Federal Reserve will cut interest rates. News 6 speaks with an expert on what this could mean for your wallet.

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.

Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases.

U.S. stocks edged back from their record heights.

The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates.

Wall Street coasted to the finish of its best week in the last five.

Wall Street rolled to more records after mixed data on the economy cemented expectations for coming cuts to interest rates.

Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures.

President Donald Trump’s goal of appointing a majority of the Federal Reserve’s board of governors faced a setback Tuesday when a court blocked his unprecedented attempt to fire Lisa Cook.

Wall Street inched higher to set more records.

The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy.

U.S. stocks rose to more records.

Stocks nudged higher ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week.

The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling under the weight of President Donald Trump’s erratic economic policies.

Wall Street steadied itself after Alphabet and other technology stocks rose.

Wall Street fell under the weight of pressure from the bond market.

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.

Stocks lost ground on Wall Street a day after the market hit its latest all-time highs.

Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed.

Stocks edged higher ahead of a closely watched earnings report from Nvidia.

Stocks closed higher on Wall Street after an afternoon push left major indexes just below their recent records.

Wall Street fell to a fifth straight loss.

U.S. stocks edged back from their record levels in a quiet finish to another winning week.

Most stocks fell on Wall Street following a disappointing update on inflation.

U.S. stocks rose after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.

A rally for Apple led Wall Street higher, as U.S. stocks reclaimed more of their sharp losses from last week.

U.S. stock indexes slipped following the latest discouraging signal on the U.S. economy.

The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods.

Most U.S. stocks slipped as doubts rose about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September.

Wall Street’s weeklong, record-breaking run ran out of momentum.