Gold could hit $3,000 soon and $4,000 in 2026, this market pro says. Here's why.
The price of gold is likely to hit $3,000 soon and perhaps $4,000 in 2026 as the central banks of countries hostile to the U.S. continue to accumulate it as a haven from U.S. sanctions. They've been ...
How Republicans calling for smaller government could use the Fed's balance sheet to wield more power
Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...
Fed's Powell: Free trade makes sense, but Fed's job is only to react
U.S. Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added ...
Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
Federal employees on Trump's buyout offer: 'The bridge is burned.'
The buyout offer is part of billionaire Elon Musk's efforts to streamline and downsize the government through the Department of Government Efficiency, or DOGE, a task force created by Trump after his ...
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.
Government Executive9d
Many federal supervisors this week had just hours to send tweet-length justifications to save their employees’ jobs
Some agencies have already sent warning notices to impacted staff notifying them of their probationary status and, in some cases, reminding them that they can easily be fired. The administration is ...
How ‘The Wolf of Wall Street’ helps explain Trump’s terrible sovereign wealth fund idea
So the best-case scenario is that Trump would like a slush fund that he could use to get out of political jams, and the worst ...
The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Indeed, markets largely expect the Fed to hold tight for at least the next several months as policymakers observe the reality ...