Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

In the hit movie “Wicked,” those famous magical shoes are silver. But if you want to see them in all their ruby-red glory ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...

What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...

WASHINGTON, DC - DECEMBER 13: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news ... [+] conference at the headquarters of the Federal Reserve on December 13, 2023 in ...

The Federal Reserve has withdrawn from the international policy group behind its recent push into climate scenario testing. In a 5-0 vote on Thursday, the Fed's Board of Governors opted to leave the ...

Sherk was central to the Trump administration’s efforts to make it easier to fire some federal employees using a classification called Schedule F. That effort generated an outcry from civil ...

WASHINGTON ― The Trump administration ordered all heads of federal departments and agencies Thursday to provide lists of their lowest-performing employees and signaled mass job terminations ...

"It looks as if [Trump is] trying to get a lot of things done and broaden our minds, but color within the lines so far on federal power," Schiller says.

By Madeleine Ngo and Lydia DePillis The Federal Reserve said on Friday that it had withdrawn from a network of global financial regulators focused on climate change risks just days before ...