Federal Reserve

The Democratic-controlled Senate took more than 15 hours to pass a major social spending and taxation bill after a marathon weekend 'vote-a-rama.'

The Federal Reserve may have no choice but to approve another mega-sized interest rate hike in September following the hotter-than-expected July jobs report.

MacroMavens founder Stephanie Pomboy weighed in on July employment data, arguing that the Federal Reserve using the "lagging indicator" for insight into its actions is "troubling."

The Labor Department's July employment report is expected to show that U.S. job growth cooled off last month as companies pulled back on hiring amid record-high inflation.

Mary Daly, president of the San Francisco Federal Reserve Bank, told Reuters that she doesn't feel the effects of inflation because she "has enough."

The bank has increased borrowing costs at six straight meetings of its monetary policy committee. It warned that the U.K will enter a recession later this year.

Federal Reserve officials have said in recent days that they plan to continue hiking rates until there's clear evidence inflation is falling, despite fears of a slowdown.

Former Toys 'R' Us CEO Gerald Storch explained the consequences of the Federal Reserve's actions to curb inflation, arguing that it is taking a "stake to the heart" of consumers.

Workers remain in the driver's seat when it comes to job hunting with the number of positions remaining near record levels.

Fed Reserve Bank of Minneapolis CEO and President Neel Kashkari told CBS' "Face The Nation" Sunday that the current state of inflation is "very concerning."

Stock investors celebrated a strong July as the Dow, S&P and Nasdaq notched big gains despite no shortage of downbeat news on the U.S. economy. Can the gains continue?

Sen. Sherrod Brown criticized the Federal Reserve chair in a recent Fox Business interview, saying his talk of inflation being transitory mislead the president.

Former Atlanta Federal Reserve president and CEO Dennis Lockhart predicts the U.S. economy will see "hot" inflation and employment, coupled by low GDP growth, through 2023.

The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose more than expected in June.

Harvard University economics professor Kenneth Rogoff discussed what would lead to a deep recession as data revealed a contraction in the U.S. economy in the second quarter.

The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.

The Commerce Department released its first reading of second-quarter GDP data on Thursday, offering fresh insight into the health of the U.S. economy as inflation rages.

The U.S. economy likely slowed markedly in the second quarter of the year with GDP rising by just 0.5% — or even declining — in the period from April to June.

FTN Financial Chief Economist Chris Low discussed what he believes will prompt the Federal Reserve to stop acting aggressively in an attempt to bring inflation under control.

The Chinese Foreign Ministry spokesperson accused U.S. lawmakers of having "Chinaphobia" after the release of a Senate report on meddling in the Federal Reserve.