The final month of the year is likely to show the economy ending on a solid note with growth forecast for 2025.
Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout ...
The Federal Reserve booked $19.9 billion in operating losses in the third quarter. Keep in mind that Fed losses ultimately ...
The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...
The issue between Trump and the Federal Reserve won’t be about the Fed’s independence but rather the wrong and harmful way it ...
Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates ...
Unemployment has been steady for months as inflation has fallen, but the Reserve believes the job market is still too strong.
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Federal Reserve Chair Jerome Powell listens to a question ...
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin ...
John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their ...