The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.

WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ...

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...

Trump made a lot of promises to crypto enthusiasts in 2024 as he pledged to make the United States the 'crypto capital of the ...

Could a US Bitcoin reserve spell doom for the dollar, or is it necessary to remain competitive? Pundits can't agree on the ...

Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with ...

Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

The recent surge in 10-year Treasury yields points to a disconnect between Federal Reserve expectations around interest rates ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

President-elect Donald Trump's nominee to lead the Treasury Department said federal spending is "out of control." ...