The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...
Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
During years where a new president is being inaugurated, there are typically 12 federal holidays for federal workers in the Washington D.C. area but since Inauguration Day and Martin Luther King, Jr. Day both fall on the same date in 2025 — Monday, Jan. 20 — they'll have one fewer holiday this year than in some previous years.
The US Federal Reserve should proceed cautiously ... which include tariffs on goods entering the United States, mass deportation, and the extension of existing tax cuts. In minutes of the ...
The bill’s Republican sponsor said that Oklahoma's Bitcoin initiative follows President-elect Donald Trump’s “vision for digital assets.”
Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.
The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.
There has been widespread debate about the sustainability of recent increases in global bond yields, as well as their potential impact on financial markets and economies. Although short-term dynamics may support elevated yields,
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ahead to next week, when Trump is set to be inaugurated as president of the United States for the second time.