The Federal Reserve has withdrawn from the international policy group behind its recent push into climate scenario testing. In a 5-0 vote on Thursday, the Fed's Board of Governors opted to leave the ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

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 ...

WASHINGTON, DC - DECEMBER 13: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news ... [+] conference at the headquarters of the Federal Reserve on December 13, 2023 in ...

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.

By Madeleine Ngo and Lydia DePillis The Federal Reserve said on Friday that it had withdrawn from a network of global financial regulators focused on climate change risks just days before ...

The Federal Reserve on Friday announced that it has withdrawn from a global climate change regulation group due to its activities exceeding the scope of the Fed's legal authority. The Fed exited ...

After soaring to a 40-year high in 2022, the rate of inflation is trending lower, which allowed the Federal Reserve to cut interest rates last year. The Fed's projections point to two more rate ...

WASHINGTON — The Trump administration has warned federal employees that they could be furloughed if they do not accept a buyout offer that expires Thursday, according to an email obtained by USA ...

WASHINGTON ― The Trump administration ordered all heads of federal departments and agencies Thursday to provide lists of their lowest-performing employees and signaled mass job terminations ...

Sherk was central to the Trump administration’s efforts to make it easier to fire some federal employees using a classification called Schedule F. That effort generated an outcry from civil ...