The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...

As President Donald Trump's second administration continued its swift recasting of the federal government and American ...

The Senate confirmation hearing for Linda McMahon, Trump’s pick to lead the U.S. Department of Education, has been delayed ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

In the 1990s, Lockheed envisioned an aircraft so massive it needed Airbus and Boeing to build it. Explore the story of the ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.

The Trump administration warned federal employees that they could be furloughed if they don't accept a buyout offer.

Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of ...

WASHINGTON — Tennessee Valley Authority CEO Jeff Lyash — the highest-paid federal employee with a compensation package of $10 ...