The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, the economy grew a healthy 2.8%, compared with 2.9% in 2023.
Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Americans turn to their leaders for solace in times of mourning. Donald Trump has used national tragedies to make political points or demean critics.
The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo announcing the suspension.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.
Hiring for vacant positions in commissaries, child care centers, schools and everywhere else within DOD can continue, two memorandums show.
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
A federal judge blocked an effort by President Donald Trump's administration to pause federal grants and loans being dispersed across the nation on Tuesday. Nonprofit organizations are some of the recipients of those funds. Organizations in Oklahoma discussed what could happen if this effort moves forward in the future.