Federal Reserve Chair Jerome Powell said that while there is a lot of uncertainty about the outlook right now, the U.S. economy is still in a good place and the current situation isn’t as dire as it was at times such as the Covid-19 pandemic or the 2008 global financial crisis.
Market pricing shows investors are nearly unanimous in expecting the Federal Reserve to stand pat on interest rates Wednesday, holding them in a range of 4.25% to 4.5%. Here's a look at how the central bank has steered policy since the turn of the century,
The fate of trillions of dollars in federal grants and loans continue to hang in the balance on Wednesday after a federal judge temporarily blocked a Trump administration policy that aimed to pause the spending.
Trump, 78, is preparing to make good on a 2024 campaign promise by bringing back more than 8,000 members of the US military, restoring them to their previous rank and providing back pay and full
The Michigan Department of Health and Human Services is getting a more than $248 million reimbursement in federal funds for precautions taken during the COVID-19 pandemic, federal and state ...
according to data from the Federal Reserve Bank of St. Louis. That total has been topped every year since, including in just the first 11 months of 2024. In the first years of the COVID-19 pandemic, urgent factors like job losses helped spur business ...
Off the back of a record 2024, automotive industry analysts are forecasting slowing sales in 2025 – and price cuts are on the horizon.
Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology stocks, while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.
Monmouth County's housing market was the second-most expensive in the state in 2024, with average home sale prices now above $800,000.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and rapidly bring down costs and prices." Read More: Here's What
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative tightening efforts.