WA’s financial reserves essential for state sovereignty
A budgetary shortfall may feel like a rainy day, making it tempting to tap state reserves. But the real storm clouds are on ...
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USAID signs covered with black tape or removed at Washington headquarters
Left: Employees remove and tape over signs identifying the headquarters of USAID in Washington, D.C., just hours before the ...
US job growth slows in January; unemployment rate at 4.0%
U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Tracking Trump’s court wins and losses over executive orders, actions
We’re tracking fast-moving developments in key cases covering President Donald Trump’s actions on immigration, transgender ...
Central banks grapple with uncertainty in 2025's foggy economic landscape
The first central bank interest rate moves of 2025 suggest it will be a year where some important heavyweights, in both the developed and emerging parts of the world, travel in different directions ...
US employers added more jobs in January, but fell short of expectations
As the labor market cools, American workers are losing confidence in their ability to find better pay or working conditions ...
Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
Fed Monetary Policy Report Flags Solid State of US Economy
The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data. The report, ...
Trump inherits a labor market at full employment. Can he keep it there?
The latest employment report was the last of former President Joe Biden's administration. While the handover of the executive ...
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed’s 2 ...