The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank's new inspector general. Horowitz, who most recently served as the Justice Department's ...

In the bond market, Treasury yields gained ground. The yield on the 10-year Treasury rose to 4.47% from 4.39% late Thursday.

Another odd recession indicator is the men’s underwear index. Alan Greenspan, who served as Federal Reserve chair from 1987 ...

In a post on his social media platform Truth Social, Trump urged Fed chairman Jerome Powell to act to stimulate the economy.