Donald Trump is once again exerting pressure on the head of the US central bank. He has been criticising Jerome Powell since ...

President Donald Trump has ripped into Walmart, saying on social media that the retail giant should eat the additional costs ...

The result of a presidential prerogative to overhaul federal arts and cultural agencies, a succession of Hampton Roads arts ...

President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than ...

With a snip of the scissors and applause, Sonoma Federal Credit Union opened a new chapter Wednesday with a permanent home on ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

The decision could impact financial markets, raise interest rates, and highlight fiscal challenges for the U.S. government.

Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

La Reserva Federal planea reducir su plantilla en aproximadamente un 10% durante los próximos años, principalmente mediante ...