News

Owner who let downtown KC building decay for a decade files for bankruptcy
Next steps remain unclear as proposal to redevelop the old Federal Reserve building into a hotel or apartments on Grand ...
Jim Cramer says steel tariffs are a ‘double-edged sword' for industry
The “Mad Money” host said President Donald Trump’s 50% steel tariffs aren’t reason enough to buy stocks like Nucor.
Number of people crushed by debt hits 12-year high
According to the central bank, more than one in 10 Americans (11.1%) paid the bare minimum monthly on their credit-card debt ...
Supreme Court insulates Fed as it backs Trump firing of agency leaders
President Donald Trump has been critical of Fed Chairman Jerome Powell, who has said the president has no legal right to fire ...
Philippine Daily Inquirer14d
US Fed official warns of ‘building’ tariff-linked price pressures
WASHINGTON, United States — US President Donald Trump’s tariff plans are likely to push prices higher despite recent attempts at de-escalating his trade wars, a senior Federal Reserve official ...
WFMJ14d
Building owner files federal suit against Warren City officials
WARREN, Ohio - The owner of a building in Warren has filed a federal suit against City of Warren officials over a dispute that could end in demolition of the building. The suit is brought by the ...
philadelphia16d
TF Cornerstone Holds $120M Advantage As Historic Wanamaker Building Faces Foreclosure Auction on June 3
The historic Wanamaker building in Center City is set to face a foreclosure auction on June 3, with TF Cornerstone coming into the bidding process with a $120 million advantage, writes Paul ...
Islander News16d
Federal reserve to cut staff by 10%
The Federal Reserve Board plans to reduce its workforce by 10%, potentially eliminating more than 2,000 positions over the coming years. According to its own 2023 annual report, the Federal reserve ...
WHYY17d
‘Hands off’: Thousands rally in Philadelphia against Trump, Musk and federal cuts
Thousands of demonstrators chanting slogans and waving signs against President Donald Trump and his policies convened in Center City Philadelphia on Saturday ... to object to a host of issues, from ...
Philippine Daily Inquirer17d
US Federal Reserve eyes workforce cut of 10% in next ‘couple of years’
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 ...
The Australian Financial Review18d
Fed to shrink staff by about 10pc over next several years
“I have directed the leadership of the Federal Reserve, here at the board and ... and exorbitant costs associated with ongoing building renovations. Powell has denied the central bank is ...
Wall Street Journal18d
Federal Reserve Plans to Reduce Staff by 10%
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, noting what he described as ...