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.
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.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the Fed.
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 ...
Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather in Washington to discuss the outlook for interest-rate policy, with a goal of simply ...
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo announcing the suspension.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.
“Kamala is for they/them,” went Donald Trump’s notorious TV ad during the 2024 campaign. “President Trump is for you.” But not quite two weeks into President Trump’s second term, we already know that to be false. Trump is for I/me/mine.