The project's cost has increased from $1.9 billion to $2.5 billion, but there are other factors behind the Trump administration's concern.

Several factors are behind the concern, including that the economy has been growing since the second half of 2020.

President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now ...

Goldman Sachs forecasts slower US economic growth due to rising tariffs, expecting just 1.1% annual GDP expansion through ...

New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to ...

Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts ...

This week brings another opportunity for Fed Chair Jerome Powell to defend the central bank's cautious stance as he addresses markets that increasingly question whether patience remains the right ...

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut ...

Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week's CPI and PPI reports confirmed their suspicions.

June inflation hit 2.7% as tariffs bite. See why excess liquidity, new Fed pressure, and policy risks could fuel more ...

Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are likely to increase in the coming months, New York Fed President John Williams ...