The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

An aggressive suite of tariffs from President Trump will complicate the Federal Reserve's job as it struggles to quash inflation and avoid an economic downturn.

Many companies are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.

He brokered a historic accord in the Middle East in a term marred by soaring inflation, an oil shortage, and Iran's taking of American hostages.

The Federal Reserve's recent interest rate cuts are presenting CFOs with the opportunity to borrow money on more favorable terms for priorities like expansion or acquisitions.

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive shift aimed at bolstering the U.S. labor market.

In recent weeks, informal advisers have floated ideas such as a proposal for a flat tax, penalties for countries that shift away from the dollar, and reforms to the Fed.

The Digital Business Networks Alliance, a Federal Reserve-sponsored group, announced the first successful transmission of an electronic invoice.

The FedNow system allows financial institutions to instantly transfer money to customers any day, anytime.

The former Treasury secretary sees rates headed higher in the short run, and U.S. taxes rising significantly in the longer run.