Kate Nalepinski is a Newsweek journalist based in New York City. Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged ...

Federal Reserve Chair Jerome Powell encouraged Princeton graduates to pursue public service, take risks, and focus on personal growth in his Baccalaureate remarks. Federal Reserve Governor ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce the size ...

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday ... In stock markets abroad, London’s FTSE 100 edged up by less than ...