What Is a Federal Reserve Note? Is It Backed by Gold? A Federal Reserve note is a currency issued by the Fed that’s backed by gold. These notes are usually worth their face value, although some ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policy-makers took note of a job market that has “generally eased” while inflation continues to move ...

Editorial Note: We earn a commission from partner ... In a move that was widely anticipated, the Federal Reserve has cut the federal funds rate by 0.25 percentage points, to a new target range ...

The U.S. economy is entering the final weeks of the year on a solid note. The Latest Its monetary policies have a ripple effect on the economy, which impacts personal loan rates. Elon Musk has ...

President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely ...

Gold prices snapped a four-session rally to fall on Monday, pressured by a firmer U.S. dollar and profit-taking, while ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates ...