The announcement by Ed Martin, who was installed by President Trump last month as Washington’s new top federal prosecutor, came in an odd letter he sent to Mr. Musk and then made public on ...

The Federal Reserve began the new year by keeping the ... The decision comes as the central bank tries to finally bring inflation down to its long-term target of 2% without causing the economy ...

Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far outpace openings.

Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...

The FOMC has 12 members. It consists of all the Board of Governors members, the Federal Reserve Bank of New York president, and four other Reserve Bank presidents (they serve a one-year term ...

Impact Link President Donald Trump is offering buyouts to federal workers who don't want to stick around under the new administration, according to a letter sent to government employees on Tuesday.

Your guide to what the 2024 US election means for Washington and the world The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep ...

The Federal Reserve will be undertaking its five-year policy-framework review this year and Chair Jerome Powell said Wednesday that the central bank’s 2% inflation target is unlikely to shift ...

The long, winding road that will be our nightmare for the next four years has begun. Along with trying to circumvent the Constitution, Trump is trying to cancel birthright citizenship (which is ...

WASHINGTON — The Federal Reserve is nearly certain to keep its key interest rate ... despite a decades-long tradition among previous presidents of taking a hands-off approach to the central bank.

Copyright 2025 The Associated Press. All Rights Reserved. The Marriner S. Eccles Federal Reserve Board Building in Washington, Nov. 18, 2024. (AP Photo/Jose Luis ...

Federal Reserve Expected to Stand Pat on Rates Even ... previous presidents of taking a hands-off approach to the central bank. Former president Joe Biden reappointed Powell, rather than replacing ...