Lehigh Valley school districts are planning to raise tax rates and draw on reserve funds as their proposed budgets see a rise ...

Ousted Kennedy Center President Deborah Rutter released statement in response to allegations by members of the Trump ...

New York City Mayor Eric Adams released what he described as the “Best Budget Ever” on Thursday, May 1, saying the balanced $115.1 billion, 2026 fiscal year (FY) executive budget focuses, among other ...

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 is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.

WASHINGTON (Reuters) -The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S.

WASHINGTON, May 16 (Reuters) - The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President Donald Trump's broader ...

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 ...

A lawyer for the Trump administration said Friday that its attempts to expand the president's power to fire people may not extend to the ability to fire the head of the Federal Reserve Board.