Powell was responding to grand jury subpoenas delivered to the Federal Reserve related to his congressional testimony regarding construction work at the Fed headquarters.

A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 9-3 vote, but signaled a tougher road ahead for further reductions. The FOMC's "dot plot" indicated just one more reduction in 2026 and another in 2027 ...

The federal government remains shut down, in what is now the longest shutdown in U.S. history. Many federal workers have missed paychecks, including air traffic controllers, who are working unpaid. One air traffic controller is warning over the upcoming ...

Some federal employees missed full paychecks Friday for the first time since the government shut down on Oct. 1, as the closure will last at least until Monday, the next time the Senate is expected to vote on a funding bill. The government shutdown ...

The Federal Reserve cut interest rates by 25 basis points on Wednesday. The central bank’s December meeting decision could affect some of the borrowing and savings rates consumers see every day. The Fed's announcement also comes amid expectations that ...

President Trump has declared that Christmas Eve and Dec. 26 will be federal holidays this year, meaning that federal departments and agencies will be closed. According to an executive order issued last week, agencies may require certain federal employees ...

Forbes contributors publish independent expert analyses and insights. Covering careers and strategic leadership for executives and managers. It didn’t end April 21. But there is now a new date for when the federal hiring freeze will end. President Donald ...

One essential Social Security employee didn’t foresee her surgery being upended by the federal government shutdown when she scheduled it for early October. But the longtime manager decided to postpone the procedure, which would have required her to take ...

To better understand their potential benefits and financial risks in retirement, both spouses should be aware of some benefits planning realities.