The U.S. Federal Open Market Committee meeting (a branch of the Federal Reserve System that determines the direction of monetary policy) on Dec. 18 was a real doozy. The 25 basis point rate cut came ...

NEW YORK (AP) — The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the US central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit filed in US District Court ...

As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.

President-elect Donald Trump warned federal employees last week that they must return to the office — or else “they’re going to be dismissed.” The threat was the latest and loudest signal ...

though the drop suggests a sharp decline in construction activity despite the Federal Reserve's interest rate cut last month. COLUMBUS, Ohio, October 24, 2024--Installed Building Products ...

Blueshirts defenseman K’Andre Miller was activated off of injured reserve Friday ahead of the game against the Lightning on Saturday, according to the NHL media website. Miller took part in his ...

The project includes a new building for interrogation, a new staff canteen and reconfiguration of existing buildings to create more detention cells. The party never published official figures on ...

Minutes of the Reserve Bank’s most recent meeting suggest ... A blowout in construction costs since the pandemic continues to weigh on building costs. The government hopes pre-fab homes might ...

Suchitra Mattai uses vintage saris and vivid found materials to weave exquisite tapestries that challenge fixed histories about art and migration. By Kriston Capps Aso O. Tavitian grew up poor ...

December 27, 2024 • After the gift exchange comes another great holiday tradition: returns season. Once again, we are joining the fun in our own Planet Money way. We are returning to stories ...