President Donald Trump issued an executive order to phase out paper checks in favor of electronic payments starting Sept 30.

The US Federal Reserve on Wednesday announced another rate ... (REUTERS) Policymakers voted unanimously to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent ...

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...

The Federal Reserve encourages banks to borrow from and lend to each other, rather than from the discount window. Lending activity or a temporary liquidity crisis can deplete a commercial bank's ...

Fed interest rate moves can affect mortgage rates. But maybe not the way you expect. The central bank has been sidelined as President Donald Trump’s tariffs take center stage in the economy.

The Federal Reserve kept its key interest rate unchanged ... an unusual combination that puts the central bank in a difficult spot. The Fed kept its rate at 4.3% for the third straight meeting ...

Federal Bank (FB) reported 4QFY25 earnings of INR10.3b (12% beat) amid lower provisions and healthy other income. NII was in line, while NIM stood broadly flat (up 1bp QoQ to 3.12%), as the bank ...

Federal Reserve Chair Jerome Powell "is sitting on ... Even though the central bank lowered its benchmark rate three times in 2024, those consumer rates are still elevated, and are mostly ...

WASHINGTON (AP) — Federal Reserve leaves key rate unchanged, flags a risk of higher prices and higher unemployment.

Federal Reserve Chair Jerome Powell warned in his ... We'll catch you up on the news you need to know with the Chicago Catch-Up newsletter. As the world adjusts to a "global risk recalibration ...

The federal government is sending checks to more than 280,000 Americans as part of an agreement with Publishers Clearing House. Pentagon considers shifting Greenland to US Northern Command ...

Federal Reserve Chair Jerome Powell warned in his ... as well as wholesale and retail trade. The People's Bank of China has lowered the borrowing cost of its seven-day reverse repurchase ...