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The history of federal employee buyouts, and why the deferred resignation offer is different
"What Trump and Elon Musk are testing ... They're testing the power of the President to overturn the will of Congress," said Elaine Kamarck.
Trump administration fires thousands of federal workers
The Trump administration moved swiftly to lay off thousands of government employees in at least seven agencies Thursday, initiating a new and more aggressive phase of its push to shrink the federal ...
‘People are just flipping out’: Billions in federal funding remain frozen despite court orders to keep the taps open
Federal agencies across Washington are finding ways to keep funding frozen even after judges last month temporarily blocked ...
Dow Jones: US Indices Flat as Cisco Gains Amid Inflation and Trade Fears
US stock futures steady as traders await PPI data and monitor tariffs. Cisco surges on AI growth while markets eye Fed policy ...
The latest inflation report shows that high prices are Trump's major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected ...
Feeling bitter? These anti-Valentine's Day fundraisers turn heartbreak into charity for animals
While many people will be having fancy dinners or opening heart-shaped boxes full of chocolates on Feb. 14, many others — who either have a broken heart or suffered a recent bitter breakup — will not ...
Judge extends freeze on Trump's unprecedented plan to get millions of federal workers to resign
U.S. District Judge George A. O’Toole Jr. said the pause would continue until he rules on a preliminary injunction.
Judge Removes Key Legal Hurdle for Trump’s Plan to Trim Federal Workforce With Deferred Resignations
A federal judge has removed a key legal challenge in the way of President Donald Trump’s plan to downsize the federal ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...