The American penny has been in circulation since 1792. It will be discontinued because it is too expensive to make.

Philadelphia is getting its first new charter in nearly a decade — a major milestone for a district that has not granted a new charter since the days of the state-run School Reform Commission. Early ...

The seal of the Federal Reserve Board is seen at the Building in Washington, Saturday, Dec. 8, 2024. AP Photo/Jose Luis Magana Separately, Elon Musk, the head of Trump's Department of Government ...

Curtis J. Myers, CEO of Lancaster-based Fulton Financial, has been appointed as a director of the Federal Reserve Bank of ...

WASHINGTON, United States — US Federal Reserve Chair Jerome Powell told staff on Friday that the bank plans to cut its workforce by around 10 percent in “the next couple of years,” according ...

Andrew Harnik / Getty Images The Federal Reserve kept the central bank's key interest rate in a range of 4.25% to 4.5%, the same as it's been since December. The Fed has been waiting to see how ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...

Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its headquarters renovation. Musk, who has been the ...

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special ...

The Federal Reserve concluded its recent meeting with no changes to interest rates, a decision that market observers widely anticipated. Fed Chair Jerome Powell described the current economic ...