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Tag: Federal Reserve System

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Worker Confidence in Finding a New Job Drops to 12-Year Low
Posted inEconomy

Worker Confidence in Finding a New Job Drops to 12-Year Low

USNN World Newsby USNN World NewsSeptember 8, 2025September 8, 2025

By Tom Ozimek Americans have grown less confident about being able to find a new job if laid off, according to a New York Fed survey, adding to evidence that the once-red-hot labor market is cooling. The Fed bank’s monthly survey of consumer expectations, released on Sept. 8, showed job-finding confidence falling sharply in August. […]

Bessent Calls for Curb on Fed Authority, Accuses It of Distorting Economy
Posted inEconomy

Bessent Calls for Curb on Fed Authority, Accuses It of Distorting Economy

USNN World Newsby USNN World NewsSeptember 7, 2025September 7, 2025
With the August nonfarm report showing weakness in the jobs sector, mortgage rates are expected to continue their downward slide, economists say.
Posted inEconomy

US Mortgage Rates Tumble to 11-Month Low

USNN World Newsby USNN World NewsSeptember 6, 2025September 6, 2025
Gold Could Near $5,000 if Investors Flee Treasuries, Goldman Sachs Says
Posted inFinance

Gold Could Near $5,000 if Investors Flee Treasuries, Goldman Sachs Says

USNN World Newsby USNN World NewsSeptember 4, 2025September 4, 2025
Trump Considering Housing Emergency Declaration This Fall: Bessent
Posted inEconomy

Trump Considering Housing Emergency Declaration This Fall: Bessent

USNN World Newsby USNN World NewsSeptember 1, 2025September 1, 2025
Potential Fed Rate Cuts, Policy-Driven Investments Raise Bubble Concerns
Posted inEconomy

Potential Fed Rate Cuts, Policy-Driven Investments Raise Bubble Concerns

USNN World Newsby USNN World NewsAugust 30, 2025August 30, 2025
US Trade Deficit Widens as Industrial Imports Surge
Posted inEconomy

US Trade Deficit Widens as Industrial Imports Surge

USNN World Newsby USNN World NewsAugust 29, 2025August 29, 2025
Analysts optimistic for a September rate cut.
Posted inEconomy

Wall Street Review: Dow Hits Record, Small Caps Rally as Fed Paves Way for Rate Cuts

USNN World Newsby USNN World NewsAugust 24, 2025August 24, 2025
49ers’ Pearsall: Rash of Wide-Receiver Injuries ‘Not Normal,’ but Team Pushing Forward
Posted inEconomy

Home Sales See Record July Cancellations as High Mortgage Rates Weigh on Buyers

USNN World Newsby USNN World NewsAugust 23, 2025August 23, 2025
Wall Street Pares Interest Rate Cut Expectations Ahead of Powell’s Jackson Hole Speech
Posted inEconomy

Wall Street Pares Interest Rate Cut Expectations Ahead of Powell’s Jackson Hole Speech

USNN World Newsby USNN World NewsAugust 22, 2025August 22, 2025
Federal Reserve Says Clarity on Tariffs Will ‘Take Some Time’
Posted inEconomy

Federal Reserve Says Clarity on Tariffs Will ‘Take Some Time’

USNN World Newsby USNN World NewsAugust 20, 2025August 20, 2025
Fed Likely to Make 2 Interest Rate Cuts Before End of Year, Investment Expert Says
Posted inEconomy

Fed Likely to Make 2 Interest Rate Cuts Before End of Year, Investment Expert Says

USNN World Newsby USNN World NewsAugust 19, 2025August 19, 2025

Posts pagination

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NATIONAL NEWS

  • Harvard’s Accreditation at Risk Over Anti-Semitism Response, Trump Admin WarnsHarvard’s Accreditation at Risk Over Anti-Semitism Response, Trump Admin Warns
    By Bill Pan Harvard University may no longer meet accreditation standards because of how it handled anti-Semitism on campus, the Trump administration warned the Ivy ...
  • Supreme Court Clears Way for Mass Federal LayoffsSupreme Court Clears Way for Mass Federal Layoffs
    By Matthew Vadum The Supreme Court on July 8 lifted a lower court order that prevented the Trump administration from carrying out job cuts en ...
  • Californians Benefit From SALT Deduction Cap Increase in ‘Big Beautiful Bill’Californians Benefit From SALT Deduction Cap Increase in ‘Big Beautiful Bill’
    By Kimberly Hayek Californians are about to get some tax relief. The One Big Beautiful Bill Act, the new Republican tax-cut bill signed into law by ...
  • Death Toll in Texas Floods Tops 100Death Toll in Texas Floods Tops 100
    By Savannah Hulsey Pointer The number of deaths from flooding in central Texas over the July Fourth weekend reached 104 on Monday. In hard-hit Kerr County, ...
  • Bessent Says Federal Reserve’s Challenges Go Beyond Chairman Powell’s Stance on Interest RatesBessent Says Federal Reserve’s Challenges Go Beyond Chairman Powell’s Stance on Interest Rates
    By Andrew Moran The Federal Reserve’s challenges extend beyond Chair Jerome Powell’s stance on interest rates, said Treasury Secretary Scott Bessent on CNBC’s “Squawk Box” ...
  • Death Toll From Texas Floods Rises to 82, Including 28 Children; Trump Plans VisitDeath Toll From Texas Floods Rises to 82, Including 28 Children; Trump Plans Visit
    By Jacob Burg and T.J. Muscaro Two days after catastrophic flash floods raged through central Texas, at least 82 people, including 28 children, have been ...
  • Treasury Secretary Responds to Musk’s Intention to Form ‘America Party’Treasury Secretary Responds to Musk’s Intention to Form ‘America Party’
    By Jack Phillips U.S. Treasury Secretary Scott Bessent became the first Trump administration official to respond to Tesla CEO Elon Musk’s announcement that he intends ...
  • Rescuers Search for 11 Missing Girls After Devastating Texas Floods Killed at Least 70Rescuers Search for 11 Missing Girls After Devastating Texas Floods Killed at Least 70
    By Jacob Burg Just two days after catastrophic flash floods in central Texas washed away homes and vehicles and left at least 70 people dead, ...
  • California’s Madre Fire Explodes in Size to Cover 70,800 AcresCalifornia’s Madre Fire Explodes in Size to Cover 70,800 Acres
    By Naveen Athrappully A wildfire in California’s San Luis Obispo County has greatly expanded to now cover almost 70,800 acres with just 10 percent containment, ...
  • 24 Dead, 20 Girls Missing as Flooding Ravages Central Texas24 Dead, 20 Girls Missing as Flooding Ravages Central Texas
    By Tom Ozimek Catastrophic flash flooding triggered by torrential rainfall has left 24 people dead, others missing, and extensive damage across parts of central Texas, ...
  • Trump Signs ‘Big, Beautiful Bill’ Into Law During July 4 CelebrationTrump Signs ‘Big, Beautiful Bill’ Into Law During July 4 Celebration
    By Emel Akan WASHINGTON—President Donald Trump signed the One Big Beautiful Bill Act into law on July 4, celebrating both a major legislative victory and ...
  • Why Cities and Towns Pick Fireworks, Drones, or Both for Independence DayWhy Cities and Towns Pick Fireworks, Drones, or Both for Independence Day
    By Nanette Holt OCALA, Fla.—To boom or not to boom? That is the question coordinators of big community events face nowadays in planning Independence Day festivities. The ...
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