A court ruling throwing out a pair of criminal subpoenas was a vindication for Fed Chair Jerome Powell. But it shows that Fed independence now depends on judges.

The decision was good news for Jerome Powell, but it shows that Fed independence now depends on judges. 2026-03-14 11:00:00 Nick Timiraos

Continue ReadingA court ruling throwing out a pair of criminal subpoenas was a vindication for Fed Chair Jerome Powell. But it shows that Fed independence now depends on judges.

A slew of data released Friday portrayed an economy showing cracks, from weaker household spending to cooler consumer sentiment and higher inflation. Oil prices could aggravate all three.

Consumer spending was slow and inflation was stubborn even before the attack on Iran sent oil prices soaring. 2026-03-14 09:30:00 Justin Lahart

Continue ReadingA slew of data released Friday portrayed an economy showing cracks, from weaker household spending to cooler consumer sentiment and higher inflation. Oil prices could aggravate all three.