Karoline Leavitt, the White House press secretary, posted on X that the federal freeze was not rescinded, just a memo ordering a federal freeze. She appeared to be referring to the president’s ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The White House budget office rescinded a memo ordering a broad freeze on federal grants and loans after Republican senators ...
The Trump administration’s efforts to shrink the federal government by offering what amounts to a buyout to federal employees ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The U.S. Dollar Index (DXY) tracks the dollar's value vs. key currencies, offering insights into trade and global markets.
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
The head of the program said the system they use to access federal funds is not working. Hundreds of kids in Waukesha were ...
The Laken Riley Act aims to expand the federal government's mandate to detain immigrants who are in the country illegally.
The White House on Tuesday began offering buyouts to all federal employees — one of several sweeping changes implemented by ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
An executive order by President Donald Trump to freeze federal spending is leaving many wondering what the future may hold.