Independence setting monetary policy must be preserved, but it must not shield the Fed from overdue reform, the Illinois ...

It cut the benchmark lending rate by 25 basis points while pencilling in two more reductions this year. Read more at ...

Federal officials say Santiago was out on bond pending sentencing for a scheme in which he fraudulently collected more than ...

Revisions to the March 2025 employment data showed that nonfarm job growth was lower than estimated in 38 states and higher ...

The Federal Open Market Committee (FOMC) lowered the federal funds rate to 4.00%-4.25% amid elevated economic uncertainty.

Punishing dedicated civil servants associated with diversity, equity, and inclusion is unconstitutional retaliation and harms ...

The White House left the program out of its proposed 2026 budget due to what it said was a failure at moving older workers into unsubsidized employment.

U.S. Sen. Rand Paul says Federal Communications Commission Chairman Brandon Carr’s criticism of comedian Jimmy Kimmel was ...

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, Sept. 17, 2025.

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.

The Federal Reserve on Wednesday cut interest rates by 25 basis points and signaled potentially more rate cuts to come this ...