Bitcoin surged to over $105,000 on Jan. 30, 2025, hours after the Federal Reserve announced that it would keep interest rates ...

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

The US Federal Reserve has begun a process with vast implications for the global economy: rethinking the framework by which ...

Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...

Likewise stocks rallied on Fed chair Jerome Powell's announcement ... has declined substantially,” pointed out the Federal Open Market Committee. However inflation remains elevated, reflecting ...

Sen. Elizabeth Warren is pressing one of Donald Trump's top economic picks to explain his stance on Federal Reserve ...

Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who ...

primarily influenced by investor concerns over the hawkish tone of the U.S. Federal Open Market Committee (FOMC) minutes. He said, "The indication of prolonged higher interest rates in the U.S ...

Rep. Jim Jordan (R-Ohio) slammed the criticism of the overhaul of thousands of federal employees, calling some of the critiques “ridiculous.” Jordan joined “Fox News Sunday” to discuss the ...

Federal agencies are divided in their responses to an email from Elon Musk directing their employees to email in a list of five tasks completed last week – or else. On Saturday, an email went ...

Federal employees are raising alarms over Elon Musk’s push to reshape the US government, an effort now compounded by a weekend directive for workers to justify their jobs in writing.

Washington — Federal workers received an email on Saturday instructing them to document five things they accomplished in the past week, and Elon Musk said those who don't reply would risk losing ...