George Saravelos, a strategist at Deutsche Bank, has devised a new framework for how the U.S. could better manage its debt without actually doing much to reduce it. He calls it the "Pennsylvania Plan, ...

The Investment Committee react to Fed Chairman Powell's testimony at the House Hearing on Monetary Policy in Washington. CNBC ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump ...

FedEx started operating in 1973, delivering small parcels and documents more quickly than the postal service. Over the next half-century, Smith, a Marine Corps veteran, oversaw the growth of a company ...

Reagan took the traditional conservative beliefs in anti-Communism and deregulation and transformed them into faith in globalization. He believed in the assertion of both American power and American ...

The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other ...

The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within their ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell defended the central bank’s response to the COVID-19 pandemic Sunday in a Princeton University speech in which he also praised government ...

George Washington University says it will ban a student ... the economics and statistics dual major was a recipient of a prestigious award and received an award from the Federal Reserve as part ...

WASHINGTON, United States — US Federal Reserve Chair Jerome Powell told staff on Friday that the bank plans to cut its workforce by around 10 percent in "the next couple of years," ...

Jerome Powell is chair of the Federal Reserve ... nicknamed “Jay,” was born on Feb. 4, 1953, in Washington, ... of the U.S. Department of the Treasury under then-President George H.W ...

Sarah Binder, professor at George Washington University and a scholar of the Federal Reserve, said confidence in Fed independence is key to maintaining market faith that inflation will be controlled.