Powell: Fed’s independence from politics is vital to its interest rate decisions

WASHINGTON — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates…

BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal

BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about…

The ruble’s in a slump. For the Kremlin, that’s a two-edged sword

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under…

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates

FRANKFURT, Germany — Inflation in the 20 countries that use the euro currency rose in November…

How major US stock indexes fared Monday, 11/25/2024

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high

Which health insurance plan may be right for you?

Everyone likes a good deal, and health insurance bargains abound this time of year. But buyers…

Higher energy bills push UK inflation to 6-month high in October

LONDON — Inflation in the U.K. rose sharply to a six-month high in October and back…

What to know about Howard Lutnick, Trump’s pick for commerce secretary

WASHINGTON — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor…

How major US stock indexes fared Monday, 11/18/2024

Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The…

Trump’s treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON — President-elect Donald Trump’s decision on a treasury secretary is about far more than whose…