Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.Read more... [...]
Elon Musk has said he will be stepping back from his day-to-day involvement in the Trump administration’s Department of Government Efficiency (DOGE) to focus on his other roles, namely as the CEO of Tesla.Read more... [...]