President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

The Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.

The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...

The S&P 500 declined by 0.40 percent to 6,243.76, while the Nasdaq Composite rose 0.18 percent to 20,677.80, setting a new record. Tech stocks, particularly Nvidia, drove the Nasdaq’s gains.

Investors will keep a close watch on producer prices data, searching for signs of rising costs at the factory gate.