U.S. President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, Bloomberg reported on Wednesday, citing an unidentified White House official. Separately, CBS News reported that Trump had asked Republican lawmakers if he should fire Powell,

U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday, citing a lette...

For months, Trump has demanded that the Fed lower interest rates, with no success.

Drugmakers like Eli Lilly, Merck and Pfizer could be impacted immediately, risking higher costs for US consumers.

Donald Trump asked Volodymyr Zelenskiy whether Ukraine could strike Moscow, an inquiry that the White House says was merely a question but one that came hours after he voiced frustration at Russian President Vladimir Putin’s refusal to accept a ceasefire in the war.

The White House did not immediately respond to a Reuters request for comment.

His comments come after The Financial Times, citing people briefed on discussions, reported on Tuesday that Trump had privately encouraged Ukraine to step up deep strikes on Russia.