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 ...

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 ...

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

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a ...

La Reserva Federal planea reducir su plantilla en aproximadamente un 10% durante los próximos años, principalmente mediante ...

An attorney for the Justice Department said whether the president has the authority to fire the chairman of the Federal Reserve was a "hard historical question." ...