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Workers sweep leaves outside Deutsche Bank offices in London December 5, 2013.

The Fed is probing Deutsche Bank over billions in suspicious transactions in another twist in the Danske Bank money laundering scandal

The Fed probe is looking at Deutsche Bank's handling of billions in suspicious payments from Danske Bank — adding a twist in the €200 billion scandal.

Federal Reserve Chairman Jerome Powell just brushed off months of attacks from Trump

Federal Reserve Chairman Jerome Powell was unfazed by President Donald Trump's constant attacks on his the Fed's rate hikes and his job performance.
Employees work at an Audi Q5 2.0 production line of the German car manufacturer's plant during a media tour in San Jose Chilapa, Mexico

‘We live and die by the price of oil’: Texas business executives sound off on Trump, tariffs, and more in new survey

The latest monthly manufacturing survey from the Federal Reserve Bank of Dallas showed business executives' general outlook worsened in December.
There's a lot for traders to digest. And it's Christmas Eve.

Dow drops 640 points for the worst Christmas Eve trading day on record

The S&P 500 is heading for a whopping 11% plunge in 2018. The Treasury Secretary's bizarre attempt to quell a stock bloodbath seems to have backfired.
President Donald Trump spent much of his Christmas Eve attacking his critics and opponents on Twitter.

Trump tweets he’s ‘all alone (poor me)’ on Christmas Eve as he spends the day attacking everyone from Democrats and the Fed to James...

President Donald Trump spent much of his Christmas Eve attacking his opponents and critics on Twitter, including Democrats and James Mattis.
President Donald Trump said he's prepared for a long shutdown.

Trump lashes out at the Fed, says it’s the ‘only problem our economy has’

President Donald Trump took to Twitter on Monday to lash out at the Federal Reserve, saying it's the only problem with the US economy.
President Donald Trump and Federal Reserve Chair Jerome Powell.

Trump worries he’ll become a ‘Hoover’, the president at the beginning of the Great Depression

President Donald Trump has reportedly complained to his advisers the Federal Reserve's monetary policy will "turn me into a Hoover."
Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.

Mnuchin says Trump doesn’t believe he has the right to fire the Fed chair, despite reports saying he has privately discussed the possibility

Treasury Secretary Steven Mnuchin said Saturday that President Donald Trump does not believe he has the power to fire the Fed chair, Jerome Powell.
The rout isn't letting up

US stock rout pauses and Dow bounces 200 points as an ‘extraordinary’ quarter of losses comes to a close

Investors are reeling from government-shutdown fears, while Fed worries linger. The S&P 500 is heading for a terrible quarter, down a whopping 15%.

Wall Street weighs in on the Fed’s rate hike

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point. Here's what Wall Street is saying.