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.
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 ...
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 judge said the order is a likely violation of the Constitution. A federal judge in Rhode Island has formally blocked the Trump administration's spending freeze, saying in an order this ...
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 ...
Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...
The surprising strength of the U.S. jobs market and the stickiness of inflation have led economists to mull what was once unthinkable — a possible interest rate rise by the Federal Reserve this ...