With a snip of the scissors and applause, Sonoma Federal Credit Union opened a new chapter Wednesday with a permanent home on ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...

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 aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

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.

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

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

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

Learn how to maintain a steady hand in your investment portfolio, despite global economic shifts, for long-term prosperity.

The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress on inflation.