Wholesale inflation in April recorded the sharpest drop since the onset of the COVID-19 pandemic, signaling that U.S. tariffs have yet to affect consumers.
The Social Security Administration, as of March 27, will again start holding back 100 percent of a beneficiary’s monthly benefits to recover overpayments.
U.S. Federal Reserve’s decision to halt bringing down its benchmark interest rate is right choice given difficulty in tackling inflation, according to Waller.
The Federal Deposit Insurance Corporation (FDIC) released 175 documents that reveal a history of regulatory resistance to crypto-related products and services.
More than 20,000 federal workers accepted Trump’s buyout offer and officials expect many more before the Feb. 6 deadline, according to administration official.
DOGE has announced that the dept has already canceled 104 contracts related to DEI across a bevy of federal agencies, saving taxpayers over $1 billion.
Federal Reserve Gov. Christopher J. Waller is backing more interest rate cuts even if higher tariffs are imposed on imports, a proposal pushed forward by Trump.
Federal Reserve followed through on the third straight interest rate cut lowering the benchmark rate by 25 basis points to a range between 4.25% and 4.5%.
