Elon Musk considers auditing US Federal Reserve amidst government efficiency overhaul
Since Donald Trump assumed office for his second term last month, Musk has been linked to the administration's cost-cutting drive through the Department of Government Efficiency (DOGE), which has initiated a sweeping review of federal agencies.
Fees paid to agencies like the Food and Drug Administration and the FDIC fund part of their workforces, so cutting those jobs ...
The United States on Friday proposed a draft United Nations resolution to mark the third anniversary of Russia's invasion of ...
Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) urged the Federal Reserve chair to hammer down on “improper” trade ...
Federal Reserve's quantitative tightening impacts inflation, interest rates, and economic growth. Read more on the ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
The Federal Reserve is being cautious about changing interest rates due to uncertainty surrounding inflation and the impact ...
Household debt increased by $93 million, reaching $18.4 trillion, while auto loan balances increased by $11 billion to $1.66 trillion during Q4 2024, according to the Federal Reserve Bank of New ...
U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal ...
Don’t expect interest rates to fall any time soon. Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that ...
Artificial intelligence is speeding the rate at which investors react to specific sentences in central bankers' speeches and ...
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