Victoria Guida is an economics correspondent at POLITICO and author of Capital Letter, a reported column that probes policies ...

Federal Reserve Gov. Adriana Kugler’s surprise resignation handed President Donald Trump a prime opportunity to name an eventual replacement for Jerome Powell.

In normal times, the first Friday of the month brings a routine tranche of government data known as the monthly jobs report.

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...