DOGE discovers $4.7 trillion in Treasury payments were missing critical code: ‘Traceability almost impossible’
The transactions were reportedly missing the Treasury Account Symbol (TAS), an identification code which links a Treasury ...
Reserve Bank cuts interest rates to 4.1 per cent after 13 rate hikes — as it happened
The Reserve Bank cut interest rates on Tuesday afternoon for the first time since November 2020, after keeping rates on hold at 4.35 per cent for more than a year.
Fed official: Need ‘dust to clear’ before deciding next moves
Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job ...
14 States Sue DOGE Alleging Elon Musk Is Acting As An ‘Agent Of Chaos’—Here’s What To Know
Fourteen states led by New Mexico sued the Department of Government Efficiency, or DOGE, on Thursday challenging the alleged ...
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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 ...
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 ...
OPM directs agencies to fire government workers still on probation
Office of Personnel Management (OPM) officials met with agency leaders across government Thursday and directed them to begin ...
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 ...
Trump wants lower interest rates. His tariffs won’t help
Less than an hour after Trump declared that lower interest rates would go “hand in hand” with his tariffs, poor US inflation ...
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 ...