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 ...

Defense Department employees returned to work at an Army base in the Midwest only to find their offices were not mission-ready. Overflowing parking lots force them to scramble in ever-widening ...

President Donald Trump looks on during a cabinet meeting in the White House on March 24, 2025, in Washington, D.C. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) The federal government will shift ...

The Department of Justice (DOJ), Office on Violence Against Women, will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval ...

A federal judge likened DOGE efforts to identify and eliminate waste and fraud at the Social Security Administration to a “fishing expedition” on Thursday, blocking Elon Musk’s team of cost ...

WASHINGTON (AP) — A federal judge on Thursday temporarily blocked Elon Musk ’s Department of Government Efficiency from Social Security Administration systems that hold personal data on ...

The Federal Reserve held its benchmark interest rate steady on Wednesday, with Chair Jerome Powell saying there is "high uncertainty" about the potential impact of the Trump administration's trade ...

President Donald Trump holds up an executive order after signing it during an education event in the East Room of the White house in Washington, DC, March 20, 2025. (Photo by ROBERTO SCHMIDT / AFP) ...

Jonathan Levin is a columnist focused on US markets and economics. Previously, he worked as a Bloomberg journalist in the US, Brazil and Mexico. He is a CFA charterholder. That’s my single most ...

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light ...

Earlier this month, all of the employees at 18F, a unit of government technologists under the General Services Administration, awoke to a surprise. The entire department — which helps build, buy ...

A federal judge in Maryland has ruled that the Trump administration’s efforts to shut down the U.S. Agency for International Development (USAID) were likely unconstitutional, and has ordered it ...