Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates ...
As the Federal Reserve focuses achieving 2% inflation in setting monetary policy, so Trump’s policies, especially on tariffs, ...
When interest rates rise, the returns on high-yield savings accounts typically increase, too. For retirees, this means your ...
As a result, the S&P 500's back-to-back 20% plus gains in 2023 and 2024 caught many Wall Street analysts flat-footed, sending ...
The Allspring Index Asset Allocation Fund underperformed its benchmark, the Index Asset Allocation Blended Index, during Q4 ...
U.S. stocks fell sharply after reports showed that worries among consumers and businesses about President Trump’s policies ...
The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.
The Supreme Court on Friday dashed President Donald Trump’s plan to immediately fire the head of an independent agency that ...
The S&P 500 was down 1.7% in late trading and heading toward its worst day in two months. The Dow Jones Industrial Average ...
U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President ...
Interest rates on money market accounts closely follow the federal funds rate. That is to say, rates are variable and can change multiple times per year based on the Federal Reserve's decisions.