Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...

The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...

Economists at the University of Michigan in Ann Arbor say they expect the city of Detroit’s economic picture to return to growth this year after a “challenging” 2024, as monetary policy eases and ...

After the United States Office of Personnel Management sent an email to millions of federal employees detailing a new deferred resignation program on Jan. 28, Michigan Attorney General Dana Nessel is ...

The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...

The Supreme Court majority built by Donald Trump could uphold efforts to expand presidential authority based on the legal ...

US wage growth for lower-paid workers has slowed more than other groups recently. That has partly reversed the strides they ...

Last week, the Trump administration rescinded the memo about freezing federal funds, and some local organizations say their ...

Like other government financial agencies, the Federal Reserve Banks have an Office of Minority and Women Inclusion focused on ...

Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.

President Donald Trump’s second week in office seemed to deliver a daily dose of shock therapy for the country.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.