President Donald Trump issued an executive order slapping tariffs on many of America's trading partners but the new duties are set to go into effect in seven days.Trump also continues to face questions over his administration's handling of the Jeffrey Epstein files and his relationship with the accused sex trafficker.

US President Donald Trump continued his verbal attacks on Federal Reserve Chairman Jerome Powell on Friday, calling the country's key central banker "a subborn MORON" in a post on his Truth Social media platform.

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver a rate cut. The majority of members voted to leave the federal funds rate unchanged at 4.

"probably starts to get the Fed feeling a little bit more comfortable" about lowering interest rates. Lisa Bernhard has more.