Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
Bloomberg L.P.29d
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh data show continued progress on lowering inflation toward the central bank’s 2% goal, but that interest rates should remain ...
The Fed's Two-Day Policy Meeting Kicked Off Tuesday—What You Need To Know
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state ...
Morningstar16d
U.S. Mid-Atlantic Manufacturing Activity Shows Further Signs of Rebound — Richmond Fed
The Fifth District Survey of Manufacturing Activity's index for January rose to minus 4 from minus 10 in December, the Federal Reserve Bank of Richmond said Tuesday. That was a sharper improvement ...
Nasdaq16d
Fifth District Manufacturing Activity Remains Soft Despite Rebound - Richmond Fed
survey data from the Federal Reserve Bank of Richmond showed on Tuesday. The composite manufacturing index rose to -4 in January from -10 in December. The reading was higher than the -8 economists ...
AOL1d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
Philadelphia and Richmond, Va. The Federal Reserve is the central bank of the U.S. that sets monetary policy and regulates the financial system to support a healthy economy for Americans and ...
Fed holds rates steady as Trump tariffs loom, economy hums
The Federal Reserve held interest rates steady on Wednesday after price increases ticked up over the last three months, suggesting inflation may still have some life in it.