Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Learn how the federal discount rate and the federal funds rate differ and their impact on bank lending, liquidity, and ...
Discover what Federal Reserve notes are, their lifespan, and key features that make them secure and essential as the official ...
Update: The Fed left its benchmark interest rate unchanged. Americans are bearing the financial burden of higher costs for every type of loan, from mortgages to credit cards, after two years of ...
The federal government shutdown continues and Republicans and Democrats appear no closer to an agreement to end it. Many federal employees have now missed the first full paycheck since the shutdown ...
Amid heightened uncertainty stemming from the trade war, the Federal Reserve is widely expected to hold its benchmark short-term borrowing rate steady at its meeting this week. From credit cards and ...
The Federal Reserve meets for its second rate-setting session of 2026 on Tuesday, March 17, and Wednesday, March 18, 2026. The meeting comes after the Fed held rates steady at its January 2026 meeting ...
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 9-3 vote, but signaled a tougher road ahead for further reductions. The FOMC's "dot plot" ...
WASHINGTON, D.C.: The Federal Reserve is seen from the National Mall in Washington, DC. (Photo by Alex Wong/Getty Images) It’s hard for American citizens to follow the money in Washington, D.C. if the ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
The federal government shutdown has dragged into another week, and Republicans and Democrats appear no closer to ending it. Many federal workers have missed paychecks, including air traffic ...