Americans don’t know the full extent of what Elon Musk is doing as he embeds alongside President Donald Trump at the top of the federal government. What we know is that he’s the world’s ...
A federal judge on Friday sided with a coalition of 22 states and temporarily blocked a federal aid funding freeze directed by the Trump administration — the second such order this week.
Some government webpages briefly went dark Friday after federal agencies were told to comply with a White House order on removing certain language pertaining to diversity, equity and inclusion.
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
In a broader sense, there hasn’t been any progress on inflation since May (black box in the chart below), with the Fed’s favored inflation measures well above its 2% target, confirming the Fed ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
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.
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 ...
Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...