Gold gained on Thursday in light holiday trading, boosted by slight weakness in the U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Donald Trump's tariff policies,

Trump's plans for tariffs could undermine stocks and halt the bull market. His prior tariffs had a negative effect on equities, an analysis shows.

The man accused of lying in wait in an apparent attempt to kill President-elect Donald Trump this year in Florida has a trial date now pushed for later next year, according multiple reports.

Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.

U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform.

Federal Reserve Vice Chair for Supervision Michael Barr seeks legal counsel to potentially challenge any removal attempts by President-elect Donald Trump. Barr, appointed by President Biden, may face conflict with the new administration as Trump has shown interest in increasing influence over the Fed.

When the Fed last published its quarterly outlook in September, for instance, a solid majority on its monetary-policy committee projected that their most important inflation gauge would retreat to 2.2% next year.

Research from the Federal Reserve Bank of New York finds an ominous correlation between the performance of stocks and the implementation of tariffs during Trump's first term.

The yen weakened past ¥157 against the dollar on Thursday after Bank of Japan governor Kazuo Ueda said the central bank needed “one more notch” of information before committing to its next interest rate rise, as uncertainty swirled around Japanese wage growth and Donald Trump’s impending presidency.