An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation target. The Commerce Department on Wednesday reported that ...

Our White House correspondent, Laura Barron-Lopez, has more. President Joe Biden has appointed 221 federal judges during his time in office. But with several outstanding appointments, Democratic ...

Tetra Images / Getty Images Minutes from the Federal Open Market Committee's latest meeting confirmed that policymakers are taking a cautious approach to cutting interest rates. The release of the ...

Federal Reserve officials were split on delivering more interest rate cuts at their meeting earlier this month, as the U.S. central bank enters a transitional phase with inflation on a course of ...

Musk and Ramaswamy are hoping a broad return to office mandate could be another way too thin out the federal work force as employees have shown they will quit over such requirements.

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Elon Musk and Vivek Ramaswamy are determined to force federal employees to return to the office in hopes that some will opt to quit instead. That effort is going to affect some agencies — and ...

A combination of elevated asset values and low market liquidity could leave the U.S. financial system vulnerable to shocks, according to a report from the Federal Reserve. In its biannual financial ...

The Supreme Court will hear another case about federal agency powers and the nondelegation doctrine, this time regarding a program giving telecommunications services to rural and low-income consumers.

After two consecutive interest rate cuts, markets think the Federal Reserve might be ready to hit pause. According to the CME FedWatch tool, traders are now pricing in higher odds that the Fed ...

Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in reducing inflation has slowed. “I would prefer to proceed cautiously ...