The blockbuster decision puts the White House firmly in control of potentially dozens of agencies that have long operated independently.

Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.

ADP Research will now be releasing data on a weekly basis, in addition to its monthly report, to provide high-frequency insights into the labor market.

While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities without flexible distribution provisions could take a big hit.

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.

The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.

A recent study on the various projects undertaken by central banks around the world has found that the most commonly named motivation is preserving their role in monetary provision.

The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September.

A report from the U.S. Treasury Department didn't say the U.S. should adopt a digital currency, but did recommend it start laying the groundwork in case it ever decides to do so.

U.S. consumer prices rose in March by the most since late 1981, reinforcing pressure on the Fed to raise interest rates even more aggressively.

Policy makers voted 8-1 to lift their key rate to a target range of 0.25% to 0.5%, the first increase since 2018, after two years of holding borrowing costs near zero.