Now, the jump in the cost of a carton of eggs could frustrate the Federal Reserve’s plan to not raise interest rates. The Fed has brought inflation down to 2.5%, from high as 7.2%, while the ...

(Bloomberg) — Investors in US government bonds are starting to bet the Federal Reserve will soon need to pivot from worrying about sticky inflation to fretting about slowing economic growth.

Immigration officials say anyone living in the U.S. illegally will soon have to register with the federal government, and those who don’t could face fines, imprisonment or both. The registry ...

Thousands of federal workers have been laid off or issued immediate termination notifications as part of President Donald Trump and Elon Musk’s plan to cut spending and downsize the federal ...

Bitcoin surged to over $105,000 on Jan. 30, 2025, hours after the Federal Reserve announced that it would keep interest rates steady, with Fed Chair Jerome Powell saying in the Federal Open Market ...

Elon Musk told federal workers Monday evening that they had "another chance" to justify their work or lose their jobs. The original deadline for them to comply passed later on Monday. Employees at ...

Fed's balance sheet outlook upended by release of minutes Analysts weigh whether Fed will stop or pause balance sheet cuts Government budget challenges complicate liquidity readings Feb 26 ...

Washington — A bubble is quickly forming inside the obscure but powerful U.S. Merit Systems Protection Board, which handles appeals from federal workers who have been terminated or allege they ...

Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person ...

Investors' high hopes coming into 2025 are slowly being dashed. The optimism that was priced into the market is starting to reverse course. The S&P 500's pullback last week could indicate that ...

Since Donald Trump’s election victory last year, Federal Reserve officials have pursued a strategy of sticking to their knitting alongside concessions in areas peripheral to the central bank’s ...

Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had suggested abolishing the agency, partly ...