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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

  • EPA Moves to Revoke Finding That Allows Climate RegulationEPA Moves to Revoke Finding That Allows Climate Regulation
    By T.J. Muscaro and Jackson Richman The Environmental Protection Agency (EPA) on July 29 proposed a repeal of its long-standing “endangerment findings” of a connection ...
  • DOJ Files Misconduct Complaint Against Judge Handling Key Deportations CaseDOJ Files Misconduct Complaint Against Judge Handling Key Deportations Case
    By Aldgra Fredly The Department of Justice (DOJ) on Monday filed a misconduct complaint against District Court Chief Judge James Boasberg, the judge presiding over ...
  • 5 Dead, Including Police Officer and Shooter, in Manhattan Office Building Shooting5 Dead, Including Police Officer and Shooter, in Manhattan Office Building Shooting
    By Sam Dorman and Joseph Lord A shooting in a midtown Manhattan office building on July 28 left four victims dead, including a police officer. ...
  • 2 Dead, 3 Injured in Shooting at Reno Casino; Suspect In Custody2 Dead, 3 Injured in Shooting at Reno Casino; Suspect In Custody
    By Tom Ozimek A man opened fire outside a Reno casino in Nevada on the morning of July 28, killing at least two people and ...
  • Passengers Forced to Evacuate American Airlines Flight on Runway After Mechanical IssuePassengers Forced to Evacuate American Airlines Flight on Runway After Mechanical Issue
    By Jacob Burg Passengers were seen fleeing from an American Airlines jet on the runway at Denver International Airport on July 26 as plumes of ...
  • Pipeline Operators Call for Congress to Close Loophole That Shields Vandals From Federal Criminal ProsecutionPipeline Operators Call for Congress to Close Loophole That Shields Vandals From Federal Criminal Prosecution
    By John Haughey Pipeline operators want Congress to amend federal law to eliminate a “loophole” they say allows vandals to tamper with energy infrastructure with ...
  • At Least 11 Injured in Stabbing Attack at Michigan WalmartAt Least 11 Injured in Stabbing Attack at Michigan Walmart
    By T.J. Muscaro A stabbing incident at a Walmart in Traverse City, Michigan, left at least 11 people injured on July 26, according to authorities. The ...
  • California Utility Company Offers Direct Compensation to Victims of Eaton Fire Amid Lawsuits, InvestigationCalifornia Utility Company Offers Direct Compensation to Victims of Eaton Fire Amid Lawsuits, Investigation
    By Kimberly Hayek Southern California Edison (SCE) is offering to directly pay victims of the Eaton Fire, the company said on July 23. The offer comes ...
  • US Imposing 20.56 Percent Anti-Dumping Duties on Canadian SoftwoodUS Imposing 20.56 Percent Anti-Dumping Duties on Canadian Softwood
    By The Canadian Press British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood to 20.56 ...
  • New Mexico Oil and Gas Lease Sale Nets More Than $58 Million: DOINew Mexico Oil and Gas Lease Sale Nets More Than $58 Million: DOI
    By Naveen Athrappully The Bureau of Land Management (BLM) New Mexico State Office has generated over $58.26 million in revenues through oil and gas lease ...
  • Trump Proposes Rebates for US Taxpayers From Tariff RevenuesTrump Proposes Rebates for US Taxpayers From Tariff Revenues
    By Andrew Moran President Donald Trump floated the idea of sending U.S. taxpayers rebate checks from tariff income collected this year. Trump, speaking to reporters on ...
  • Trump Pulls Habba’s Nomination for New Jersey’s Top Prosecutor, Making Her Acting US AttorneyTrump Pulls Habba’s Nomination for New Jersey’s Top Prosecutor, Making Her Acting US Attorney
    By Jacob Burg President Donald Trump withdrew his nomination of Alina Habba to serve as New Jersey’s top federal prosecutor, a Justice Department official confirmed ...
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