A man who caused a pileup crash in downtown Minneapolis that killed a 26-year-old woman and injured 10 others last year has been sentenced to 10 years in prison.

The Federal Reserve resumed its rate-cutting campaign in an effort to revive the jobs market. But the hiring drought can’t be cured by lower interest rates alone, write Justin Lahart and Ruth Simon

The Fed's interest rate cut comes amid economic uncertainty as new projections from the Fed, CBO and OMB show differing outlooks for GDP growth, inflation and unemployment through 2028.

Johns Hopkins political scientist Nicolas Jabko explains how prevailing political forces threaten to disrupt the nation's money supply and the global economy

The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the agency’s decision, as well as President Trump’s legal fight to fire Fed Governor Lisa Cook.

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash rates.

The ongoing federal government shutdown postponed the release of the monthly jobs report, adding to economic uncertainty.

Federal Reserve Governor Lisa Cook will be permitted, for the time being, to stay on the central bank board at least through next year after legal questions over her termination by U.S. President Donald Trump.

New Federal Reserve data reveals that only 3.2% of American retirees have accumulated $1 million in retirement accounts. The median savings for retirees aged 65-74 sits at just $200,000, highlighting a significant gap between retirement dreams and ...