The bipartisan infrastructure law (2021) and the Inflation Reduction Act (2022), or BIL and IRA, were the main drivers of Biden’s climate and economic policies. Both bills funneled grants to states, ...

Sterling remains vulnerable even after U.K. economic data for the fourth quarter and December were better than expected, Monex Europe said.

The courts may block efforts by Elon Musk and DOGE to access Treasury's payment system. A huge trove of private data is at the center of the fight.

The British economy managed to eke out quarterly growth of 0.1% in the final quarter of 2024 following a stronger than ...

The bond market shows unusual bear steepening, where long-term yields rise faster than short-term. Learn how investors should ...

The Environmental Protection Agency will try to claw back $20 billion that the Biden administration approved for climate ...

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

The Biden administration worked closely with billionaires like Bill Gates and Jeff Bezos, but Democrats and the media warn Elon Musk’s cooperation with Trump is unprecedented despite the fact that ...

Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...

In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...

U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...