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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

  • USDA Announces Reorganization Plan to Slash Washington Staff by Over 50 PercentUSDA Announces Reorganization Plan to Slash Washington Staff by Over 50 Percent
    By Tom Ozimek The Trump administration has announced a sweeping overhaul of the U.S. Department of Agriculture (USDA) that will cut its Washington-area workforce by ...
  • Trump to Visit Federal Reserve Headquarters as Criticism of Powell ContinuesTrump to Visit Federal Reserve Headquarters as Criticism of Powell Continues
    By Victoria Friedman President Donald Trump will visit the Federal Reserve headquarters on Thursday, the White House said, amid ongoing tensions between the administration and ...
  • Columbia University Agrees to Pay $200 Million to Restore Federal FundingColumbia University Agrees to Pay $200 Million to Restore Federal Funding
    By Joseph Lord Columbia University will pay $200 million to resolve allegations that it discriminated against Jewish students, in exchange for the restoration of federal ...
  • Supreme Court Allows Trump to Fire Consumer Safety Officials for NowSupreme Court Allows Trump to Fire Consumer Safety Officials for Now
    By Matthew Vadum The Supreme Court on July 23 allowed President Donald Trump to fire three Biden appointees at the Consumer Product Safety Commission for ...
  • 5 Men Sentenced in America’s Largest Internet Piracy Case: DOJ5 Men Sentenced in America’s Largest Internet Piracy Case: DOJ
    By Naveen Athrappully Final judgments for five men accused of operating “one of the largest illegal television streaming services” in the United States were issued ...
  • Man Accused of Striking Crowd in Los Angeles Charged With 37 Counts of Attempted MurderMan Accused of Striking Crowd in Los Angeles Charged With 37 Counts of Attempted Murder
    By Katabella Roberts A 29-year-old man accused of crashing his vehicle into a crowd outside a nightclub in East Hollywood over the weekend, injuring dozens, ...
  • Senators Weigh Canceling August Recess to Confirm Trump NomineesSenators Weigh Canceling August Recess to Confirm Trump Nominees
    By Joseph Lord and Nathan Worcester WASHINGTON—Senators are considering whether or not to cancel the August recess in order to confirm President Donald Trump’s judicial ...
  • Hackers Targeting Microsoft SharePoint ServersHackers Targeting Microsoft SharePoint Servers
    By Naveen Athrappully Hackers are attacking on-premises Microsoft SharePoint server vulnerabilities, the U.S. Cyber Security and Infrastructure Defense Agency (CISA) announced in a July 20 ...
  • Trump’s Big Beautiful Bill to Increase Deficit by $3.4 Trillion, CBO ProjectsTrump’s Big Beautiful Bill to Increase Deficit by $3.4 Trillion, CBO Projects
    By Lawrence Wilson The One Big Beautiful Bill Act will increase the U.S. deficit by $3.4 trillion over the next 10 years, the Congressional Budget ...
  • Off-Duty Border Patrol Agent Shot in NYC in Apparent Robbery Gone WrongOff-Duty Border Patrol Agent Shot in NYC in Apparent Robbery Gone Wrong
    By Joseph Lord An off-duty agent of U.S. Customs and Border Patrol (CBP) was shot on Saturday in a Manhattan park during what officials are ...
  • Texas GOP Set to Redraw State’s Congressional Map During Special SessionTexas GOP Set to Redraw State’s Congressional Map During Special Session
    By Jacob Burg Texas Gov. Greg Abbott called for a July 21 special session of the state Legislature to discuss efforts to redraw the state’s ...
  • Trump Admin Greenlights Gold Mine in NevadaTrump Admin Greenlights Gold Mine in Nevada
    By Naveen Athrappully The Bureau of Land Management has approved the Spring Valley Gold Mine project in Nevada. The project, located in Pershing County, is ...
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