On March 23, the U.S. Department of Health and Human Services slashed $11 billion worth of grant funding across the country.

Fed policymakers are likely to continue holding rates steady despite a cooler reading on inflation for the month of March, ...

President Donald Trump's "much higher and broader than expected" tariffs are making it harder to justify interest-rate cuts, ...

Districts like Owsley County rely heavily on federal funds, which comprise up to 35% of their per-student spending. The loss ...

The federal funds were planned to be used to construct a water filtration system to eliminate PFAS from drinking water.

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...

If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...

After jumping dramatically the previous two days, 30-year mortgage rates continued rising Wednesday. Rates climbed for most ...

One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

Explore PenFed CD rates. PenFed is a credit union that permits anyone in the United States to open CDs. Explore CD options ...

Decode the Fed's unclear signals on rate hikes, inflation, and banking issues. Click here to find out more about the U.S.

The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.