WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...
He also discussed cutting 90% of the staff at the Federal Reserve during that campaign. "This will send shockwaves through ...
Apple has a long track record of growth and offers investors dividends. Now, thanks to its services and investment in AI, a ...
Trump in July promised he would not let banks "choke" crypto companies out of the traditional financial system, and some ...
The business angle: One nexus of Washington power that won’t see a leadership change is the Federal Reserve, where Jerome ...
US regulators led by the Federal Reserve have refused to endorse a plan that would have seen the Basel Committee on Banking ...
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
The Labor Department reported Thursday that jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9.
Powell's replacement as chair will play a significant role in setting interest rates, but will still be constrained somewhat ...
Many Americans had never experienced anything like it, and the shockwaves are still being felt today in the nation’s economy ...
The major mandate of the Federal Reserve is to keep the U.S. financial system solvent and manage the amount of cash and readily available funds in circulation. It does so by lowering and raising ...