US Federal Reserve Chair Jerome Powell told staff yesterday that the bank plans to cut its workforce by around 10 per cent in ...

Moody's Ratings has downgraded the United States' credit rating from Aaa to Aa1 because of rising debt and interest rates ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

The decision could impact financial markets, raise interest rates, and highlight fiscal challenges for the U.S. government.

Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...

The premiere of indie director Ari Aster's latest film, "Eddington," attracted a particularly glitzy crowd to the Cannes Film Festival's red carpet on Friday night, with Angelina Jolie, Natalie ...

Withdrawing the Fed’s swap lines would be a step toward ending dollar’s role as a reserve currency, Vincient Arnold writes in ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

World news: Europe preparing new Russia sanctions 'in coordination' with US, says Macron ...