Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...

The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...

Elon Musk put the Federal Reserve on notice that the central bank could face an audit from his Department of Government ...