All three major averages closed out May with sizable gains Friday, with the S&P 500 and Nasdaq Composite seeing their best ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...

The St. Louis Fed hosts and maintains the Federal Reserve Economic Database (FRED). Users can download, graph, and track more than 826,000 U.S. and international time series from more than 100 ...

The Federal Reserve concluded its recent meeting with no changes to interest rates, a decision that market observers widely anticipated. Fed Chair Jerome Powell described the current economic ...

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...

WASHINGTON — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed ...

Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its headquarters renovation. Musk, who has been the ...

President Donald Trump took aim at the Federal Reserve during a rally Tuesday in Michigan, suggesting that the central bank’s leadership is underperforming and claiming he knows more about ...

President Donald Trump may have temporarily walked back his recent disparagement of Federal Reserve Chair Jerome Powell, but the damage was done: The president spooked stock market investors ...

The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities. ”The Board is rescinding its 2022 supervisory letter ...