Elon Musk appeared in the Oval Office during his last day as a White House employee sporting a noticeable black eye, which he ...

His crime thriller earned him and twin brother Tarzan Best Directors at the festival's Un Certain Regard section ...

Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.

Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

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 ...

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 ...

Federal Reserve Chair Jerome Powell announced a planned 10% workforce reduction over the next few years, impacting roughly 2,400 positions nationwide. This initiative aligns with a broader federal ...

By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry ...