The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...
Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...
The Federal Reserve System is not “owned” by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to ...
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 ...
The final month of the year is likely to show the economy ending on a solid note with growth forecast for 2025.
The Department of Justice said the former manager executed 69 trades in 7 different publicly traded financial institutions ...
The Fed stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a ...
President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.
Tesla CEO Elon Musk has recently indicated that he has certain plans of abolishing the Federal Reserve altogether and his ...
Federal Reserve Governor Christopher Waller said on Tuesday that he believes the private sector should take the lead when it ...
However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...