A federal judge on Friday sided with a coalition of 22 states and temporarily blocked a federal aid funding freeze directed by the Trump administration — the second such order this week.
Some government webpages briefly went dark Friday after federal agencies were told to comply with a White House order on removing certain language pertaining to diversity, equity and inclusion.
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
The European Central Bank (ECB) cut rates on Jan 30, the Bank of Canada did as well on Jan 29 and the Bank of England (BOE) is likely to do so next week – steps that, with the Fed in a holding ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
The Federal Reserve's vice chair for supervision post — which is held by Michael Barr until he steps down from the job next month — remains open, with no hints as to where the Trump administration ...
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
Chances are, you’ve heard us talk many-a-time about the Federal Reserve’s Beige Book, a compilation of anecdotal reports on the state of the economy that happens to sport a beige cover.
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