The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline in jobless claims ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers ...

FILE - The Marriner S. Eccles Federal Reserve Board Building is seen in Washington, Nov. 18, 2024. (AP Photo/Jose Luis Magana, File) ...

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 ...

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.

A Jan. 28 Instagram post (direct link, archive link) includes a screenshot of an article about the Trump administration's freeze on federal grant funding. “Rip FAFSA,” reads the post ...

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 ...

We also cover whether savings account rates will drop soon. Compare Today's Banking Offers Overview of Federal Reserve meetings The purpose of FOMC meetings is for the Committee to assess current ...

Federal Reserve Chair Jerome Powell is holding a press conference Wednesday afternoon, the first since President Trump began his second term. The central bank’s expected decision to pause cuts ...

Last week, he took a dig at the Federal Reserve, saying, "I'll demand that interest rates drop immediately." Except there's virtually no chance the Fed's rate-making body will cut rates today.

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...

A federal judge has temporarily halted the Trump administration's freeze on federal grants and loans, minutes before the wide-reaching directive was set to go into effect A federal judge has ...