Mixed Bag, a beloved gift shop in midtown Sacramento, is going out of business. Owner Linda Novi talks on Feb. 13, 2025, about the decision to wind down the 47-year-old business.

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...

America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the ...

Americans don’t know the full extent of what Elon Musk is doing as he embeds alongside President Donald Trump at the top of the federal government. What we know is that he’s the world’s ...

Her first computer was a Macintosh Plus. If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The central bank's three interest ...

The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected, but gave scant clues about further reductions in ...

Patriot Federal Credit Union is hosting a contest during IceFest. Participants can win a $100 Sheetz gift card by taking a photo with the credit union’s ice sculpture and posting it on Facebook or ...

We also cover whether savings account rates will drop soon. Compare Today's Banking Offers Overview of Federal Reserve meetings The purpose of FOMC meetings is for the Committee to assess current ...

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...

President Trump said the U.S. could possibly eliminate the federal income tax if his tariff plans work out as intended. "If the tariffs work out like I think, a thing like that could happen, if you ...

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.