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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.

The Fed Just Predicted a Fairly Lousy Economy—and the Markets Noticed
Posted inEconomy

The Fed Just Predicted a Fairly Lousy Economy—and the Markets Noticed

Avatarby USNN2020September 22, 2022December 25, 2024
Wall Street Opens Higher as Investors Gear Up for Another Big Rate Hike
Posted inEconomy

Wall Street Opens Higher as Investors Gear Up for Another Big Rate Hike

Avatarby USNN2020September 21, 2022September 21, 2022
Steve Forbes Criticizes Fed for ‘Making People Poorer,’ Insists America Is in Recession
Posted inEconomy

Steve Forbes Criticizes Fed for ‘Making People Poorer,’ Insists America Is in Recession

Avatarby USNN2020September 20, 2022June 30, 2024
Elon Musk Wades Into Inflation Debate as Fed Tees Up Another Jumbo Rate Hike
Posted inEconomy

Elon Musk Wades Into Inflation Debate as Fed Tees Up Another Jumbo Rate Hike

Avatarby USNN2020September 20, 2022June 30, 2024
CBO Releases Estimate of Biden’s 2023 Budget, Hiking Taxes Part of Proposals to Increase Federal Revenue
Posted inEconomy

CBO Releases Estimate of Biden’s 2023 Budget, Hiking Taxes Part of Proposals to Increase Federal Revenue

Avatarby USNN2020September 15, 2022March 14, 2025
1.3 Million Jobs Were the Result of Double-Counting This Year, Says Heritage Economist
Posted inEconomy

1.3 Million Jobs Were the Result of Double-Counting This Year, Says Heritage Economist

Avatarby USNN2020September 14, 2022March 6, 2024
Dow Dives Nearly 1,300 Points After Red-Hot Inflation Report
Posted inEconomy

Dow Dives Nearly 1,300 Points After Red-Hot Inflation Report

Avatarby USNN2020September 13, 2022February 26, 2025
US Inflation Comes in Higher Than Expected as Food, Shelter Costs Surge
Posted inEconomy

US Inflation Comes in Higher Than Expected as Food, Shelter Costs Surge

Avatarby USNN2020September 13, 2022December 25, 2024
US Corporate Bankruptcies Are Creeping Up: S&P Global Data
Posted inNational News

US Corporate Bankruptcies Are Creeping Up: S&P Global Data

Avatarby USNN2020September 9, 2022February 26, 2025
US Adds 315,000 New Jobs, Unemployment Rate Rises Amid Slowing Economy
Posted inEconomy

US Adds 315,000 New Jobs, Unemployment Rate Rises Amid Slowing Economy

Avatarby USNN2020September 2, 2022April 30, 2024
Continuing Unemployment Claims Rise to Highest in Five Months, as Initial Claims Fall
Posted inEconomy

Continuing Unemployment Claims Rise to Highest in Five Months, as Initial Claims Fall

Avatarby USNN2020September 1, 2022February 26, 2025
US Jobless Claims Jump to Their Highest Level in 9 Months
Posted inEconomy

US Jobless Claims Jump to Their Highest Level in 9 Months

Avatarby USNN2020August 11, 2022February 8, 2025

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NATIONAL NEWS

  • FBI Director Patel Provides Update on Charlie Kirk Assassination InvestigationFBI Director Patel Provides Update on Charlie Kirk Assassination Investigation
    By Jack Phillips FBI Director Kash Patel has provided an update on the investigation of the assassination of Charlie Kirk, saying that he believes the ...
  • Noem Says US Travel Ban to Expand to Over 30 CountriesNoem Says US Travel Ban to Expand to Over 30 Countries
    By Aldgra Fredly Homeland Security Secretary Kristi Noem said on Dec. 4 that the Trump administration is looking to increase the number of countries subject ...
  • USDA to Review All Programs to Ensure ‘Only Legal Citizens’ Receive Government Benefits: Secretary RollinsUSDA to Review All Programs to Ensure ‘Only Legal Citizens’ Receive Government Benefits: Secretary Rollins
    By Naveen Athrappully The U.S. Department of Agriculture (USDA) will be examining all government-assistance programs to certify recipient accuracy, according to a Dec. 1 post ...
  • ICE Urges New York to Honor Detainers for 7,000 Criminal Illegal Immigrants Held by StateICE Urges New York to Honor Detainers for 7,000 Criminal Illegal Immigrants Held by State
    By Aldgra Fredly U.S. Immigration and Customs Enforcement (ICE) on Dec. 1 urged New York state to honor its detainers for more than 7,000 illegal ...
  • Treasury Investigating Alleged Minnesota Fraud That Steered Money to Somali TerroristsTreasury Investigating Alleged Minnesota Fraud That Steered Money to Somali Terrorists
    By Kimberly Hayek The Treasury Department is investigating claims that Minnesota taxpayer funds were stolen by fraudulent nonprofits and rerouted to the Al-Shabaab terrorist group ...
  • Hurricane Season Ends With No US Landfalls for First Time in 10 YearsHurricane Season Ends With No US Landfalls for First Time in 10 Years
    By T.J. Muscaro Hurricane season officially came to an end on Nov. 30, and for the first time in 10 years, no hurricane made landfall ...
  • Trump Declares Venezuelan Airspace Closed as US Intensifies Pressure on MaduroTrump Declares Venezuelan Airspace Closed as US Intensifies Pressure on Maduro
    By Tom Ozimek President Donald Trump said on Nov. 29 that the airspace above and around Venezuela should be considered “closed in its entirety,” marking ...
  • National Guard Shooting Suspect to Be Charged With First-Degree Murder, Pirro SaysNational Guard Shooting Suspect to Be Charged With First-Degree Murder, Pirro Says
    By Jack Phillips Charges against the man accused of shooting two National Guard members this week will be upgraded to first-degree murder after one died, ...
  • 2 National Guardsmen Killed in Shooting Near White House2 National Guardsmen Killed in Shooting Near White House
    By Ryan Morgan WASHINGTON—Two National Guard members were killed in a shooting near the White House on Nov. 26. At around 2:40 p.m. ET on Wednesday, ...
  • NASA Reduces Boeing’s Starliner Missions as SpaceX Books More FlightsNASA Reduces Boeing’s Starliner Missions as SpaceX Books More Flights
    By Kimberly Hayek NASA is reducing its investment in Boeing’s beleaguered Starliner spacecraft, announcing Monday that it’s lowering the number of astronaut missions and opting ...
  • Pentagon Investigating Senator After Video Urging Troops to Defy ‘Illegal Orders’Pentagon Investigating Senator After Video Urging Troops to Defy ‘Illegal Orders’
    By Zachary Stieber Sen. Mark Kelly (D-Ariz.) is under investigation after the Department of War received allegations that he engaged in misconduct, the department stated ...
  • Federal Judge Dismisses James Comey, Letitia James IndictmentsFederal Judge Dismisses James Comey, Letitia James Indictments
    By Sam Dorman A federal judge on Nov. 24 dismissed indictments of former FBI Director James Comey and New York Attorney General Letitia James, holding ...
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