What Is the U.S. Federal Reserve?
The U.S. central banking system—the Federal Reserve, or the Fed—is the most powerful economic institution in the United States, perhaps...
archiveCOVID-19
Jerome Powell Is Still Puzzling Over the Strength of the U.S. Economy
We are now more than three and a half years out from the start of the COVID-19 pandemic, which upended...
What a Federal Reserve quarter-point interest rate hike means for you
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued...
Take Control Of Your Calendar
This is this week’s ForbesWomen newsletter, which every Thursday morning brings news about the world’s top female entrepreneurs, leaders and...
U.S. pledges $30m to Moldova hit hard by war in Ukraine
CHISINAU, Moldova (AP) — The U.S. will provide $30 million in aid to Moldova to help the small country tackle...
China trade shrinks amid virus pressure, interest rate hikes
China's imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home. Exports sank...
What the Fed’s fourth 0.75 percentage point rate hikes means for you
The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on...
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