Bankruptcy in the short term is painful. In the long term, it is cleansing decades of poor federal government choices.

The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...

But damaging the dollar’s status carries more nebulous costs. As holders of the world’s reserve asset, the US has the privilege of funding borrowing at a lower cost than other countries for a given ...

Aussie entrepreneur Mark Bouris has predicted at least two more rate cuts will occur this year off the back of the Reserve Bank’s decision to cut the official cash rate.

FILE PHOTO: A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew ...

President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a ...

DDC Enterprise, a US consumer brand with Hong Kong roots and operations in mainland China, is adopting a Bitcoin reserve ...

"The recent increase in copper prices is driven by supply shortage concerns amid front-loading activities in the U.S. as the prospect of U.S. copper tariffs looms, as well as diminishing stock levels ...