Just last Thursday, the federal government announced the opening of the application portal for the disbursement of the Cabotage Vessel Financing Fund (CVFF), a $700 million fund aimed at supporting ...

President Donald Trump’s new pick to lead the Federal Reserve could take the central bank in a direction sharply different ...

The top savings rate remains surprisingly high, letting some savers earn a truly stellar return on their cash. But those ...

The January meeting marks the first since Fed Chair Jerome Powell confirmed the Department of Justice subpoenaed the central bank.

Learn how open market operations and quantitative easing differ in scale and purpose, impacting economic growth and monetary ...

CNBC’s Sara Eisen reports on the latest news. The biggest myth about Trump’s base (and why many believe it) What Trump’s credit card cap means for your wallet Mike Tomlin steps down, NFL reacts to ...

Cutting rates in December was a close call for officials at the Federal Reserve, with some suggesting it could be "some time" before the central bank cuts rates again, according to the minutes from ...

The Federal Reserve began the long-awaited cuts to the federal-funds rate on Sept. 17, 2025, when it trimmed the target range by 25 basis points to 4.00%-4.25%, and ...

It's no secret that Cleveland Fed President Beth Hammack has staked out a spot as perhaps the most hawkish member of the U.S. Federal Reserve since her appointment in 2024 after a career at Goldman ...

The door to more rate cuts could open further soon, according to a Federal Reserve Bank president, but only if economic indicators remain sustainable on their current trajectories. "There was a lot to ...

Fed Chair Jerome Powell's term is up in May. President Trump has publicly feuded with Powell over the course of his term. If the new Fed Chair isn't completely independent of political pressure, the ...

The Federal Reserve has been cutting interest rates for more than a year, including last week’s cut. Although the central bank has less influence over the long end of the yield curve (dramatically ...