Miran is a rarity, a highly trained economist who makes a logical-sounding case for Trump’s stunningly contrarian game plan.

The Dubai index ended Friday on a positive note, led by investor optimism that U.S. interest rates could decline further this ...

Yahoo Finance Markets Reporter Josh Schafer takes a look at the top stories for investors to watch on Friday, Aug. 8. In the morning, Under Armour (UA), TeraWulf (WULF), Wendy's (WEN), and FuboTV ...

Important state and national stories, market and business news, sports and entertainment, delivered in quick-hit fashion ...

Trump chose Stephen Miran to serve the roughly six months remaining in the term of former Fed Governor Adriana Kugler, who resigned on Aug. 1.

At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% lower to 97.957, on track for a weekly loss of around 1%.

Trump's only near-term opportunity to bring in an outsider to lead the central bank may come at the end of January.

Miran, who has served as chair of the US Council of Economic Advisers (CEA) since March 2025, also briefly worked for the first Trump administration, serving as an economic adviser to the US Treasury ...

Here's what investors are watching on Friday, Aug. 8. US stock futures (ES=F, NQ=F, YM=F) inch higher ahead of Friday's ...

The dollar rose and strengthened against the euro and the yen, bouncing back from the decline that followed Trump’s pick of Stephen Miran for the Fed vacancy.

US President Donald Trump announced Thursday he had chosen Stephen Miran, chair of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until Jan. 31, 2026.

Sterling hovered near a two-week high, clinging to Thursday's sharp gains as the Bank of England cut interest rates but only after a narrow 5-4 vote, which showed the central bank's easing bias lacked ...