The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

FIRST ON FOX: Sen. Joni Ernst, R-Iowa, the leader of the Senate Department of Government Efficiency (DOGE) Caucus, is hoping to take on the centralization of the federal workforce in the ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

How the federal funds rate works The federal funds rate and the economy How the federal funds rate affects you Current federal funds rate and recent trends FAQs How the federal funds rate works ...

The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the central ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...

Elon Musk and SpaceX are facing a series of federal reviews investigating if they followed federal reporting rules. Three investigations will look into whether Musk and SpaceX complied with rules ...

Statement: About 1% of federal employees are “actually working in the office.” As high-profile businesspeople Elon Musk and Vivek Ramaswamy launched their Department of Government Efficiency ...

In its final meeting of the year on Dec. 18, 2024, the Fed once again lowered the federal funds rate. The FOMC's 0.25% decrease is the third rate cut in this cycle of lower interest rates.

She is the Economics Editor for news at Investopedia. Al Drago/Bloomberg via Getty Images The Federal Reserve's Open Markets Committee kicked off its two-day meeting Tuesday. The Fed is widely ...

“While this directive only applies to federal civilian agencies, the threat to cloud environments extends to every sector. We urge all organizations to adopt this guidance,” CISA Director Jen ...