Some banks have been concerned about the appearance of using the standing repo facility, despite the Fed’s assurances.

The Federal Reserve's balance sheet has shrunk from a peak of $8.97 trillion in April 2022 to $6.56 trillion as the central bank has unwound much of the Treasury and agency mortgage-backed security ...

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified.

A federal employees' union on Sunday asked a federal judge to order the Trump administration to fund the top U.S. consumer ...

Supplies of the one-cent coin are plummeting. Businesses can't give exact change. Banks are struggling to resupply them. And amid it all, the federal government has said almost nothing.

The Federal Reserve's first rate cuts after a long tightening cycle rarely stay confined to Wall Street. They ripple through ...

The penny is officially history next year. Who stands to benefit from this currency change in the US? And who will face ...

The Federal Reserve is best understood not as an administrative agency but as a federal corporation—and thus outside of Trump ...

Wholesale inventories were flat in August as were stocks at manufacturers. Business sales rose 0.2% in August after increasing 1.0% in July. Sales at retailers advanced 0.5%. At August's sales pace, ...

The Trump administration’s new trucking rules ban certain immigrant drivers. Up to 61,000 California truck drivers could lose their licenses.

Federal gas taxes no longer cover the cost of highways, leaving taxpayers to fill a growing multibillion-dollar gap.