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The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.

Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.

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Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.

Iran war is fueling inflation and slowing growth around the world, according to a new report.

The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more.

The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.