New York Fed's gold vault: How much does it hold?
Gold within the vault is protected by an intricate security system that features 24-hour surveillance including an armed police force, security cameras and motion detectors and a 90-ton steel cylinder defending the only entry, among other things, the New York Fed said.
Romney to vote no on Trump Fed nominee who backed gold standard
Sen. Mitt Romney, R-Utah, plans to vote against confirming President Trump's choice of Judy Shelton for the Federal Reserve board of governors, Fox News has learned.
Coronavirus PPP loans saved millions of jobs, new study finds
The SBA has disbursed $518 billion in aid to date, meaning that each job supported by PPP money cost about $224,000, the researchers estimated.
Fed deliberates how and when to roll out more economic support
Deliberations at their July 28-29 meeting could determine how soon officials can finalize any plans, which would be unveiled either at their September meeting or later this fall, according to interviews and public statements.
Trump’s Fed picks Shelton, Waller may see smooth sailing to Powell’s central bank
The Senate Banking Committee approved the two who will now head to the full Senate for a confirmation vote.
Senate panel now likely to back questionable Trump Fed pick
The committee's support would move Shelton's nomination to the full Senate
Fed expands Main Street lending program to include nonprofits
The central bank also changed the minimum employee provision for nonprofits to 10 from 50, allowing smaller groups to participate.
US firms saw uptick in activity but outlook weighs, Fed survey shows
U.S. businesses saw an uptick in activity into the beginning of July as states eased restrictions to contain the novel coronavirus pandemic, but were uncertain about the outlook.
Fed interest rates will be near zero for years - here's why you should care
Fed officials have projected that interest rates will stay near 0 through 2022 -- how will that affect you?
What is the Fed's Main Street Lending Program?
The Federal Reserve aims to help U.S. businesses access loan money.
American credit card debt plunges during coronavirus pandemic
American credit card debt plummeted during the coronavirus pandemic, dropping below $1 trillion for the first time in years.
Fed's Kaplan says wearing face masks is key to US economic growth
More widespread usage of face masks, which is recommended by the Centers for Disease Control, could be pivotal in aiding the economy's nascent recovery.
Fed officials warn economic slowdown is coming, here's why
Business activity and consumer spending may decline as coronavirus cases rise in some states.
Coronavirus pandemic poses 'biggest test' for US financial system, Fed's Quarles warns
While Quarles said markets are working well after the turmoil in March, but cautioned there's more trouble to come.
Fed deluged by letters from needy over its loan program
The U.S. Federal Reserve on Wednesday released thousands of letters and emails from individuals, businesses and nonprofit groups this spring urging the central bank to widen access to its Main Street Lending Program to more entities struggling to survive the coronavirus-triggered recession.
Fed's Powell has 'stepped up to plate,' says Trump
Fed Chair Powell, once a lightening rod for Trump, is now in his good graces.
Fed officials pledge full support to aid US coronavirus recovery, minutes show
During their June meeting, Fed policymakers projected that interest rates will remain at zero until 2022.
Fed bought debt from Walmart, McDonald’s, Berkshire Hathaway and Microsoft as part of coronavirus response
A transaction list disclosed by the U.S. central bank on Sunday shows the first individual company bond purchases it's made through the secondary market corporate credit facility.
Stock futures limp into final trading session of the quarter
Wall Street is aiming for a positive quarter
Fed Chair Powell says economy faces 'new challenges' from virus
Federal Reserve Chairman Jerome Powell said the reopening of the U.S. economy -- and the accompanying upturn in spending and hiring this spring -- has happened sooner than central bank officials expected.














