19-Year-Old Texan Joel Schrimsher Sentenced To 2 Years In Federal Prison For Bomb Threat To Federal ReserveJoel Hayden Schrimsher, 19, pleaded guilty on Aug. 24 to conveying false or misleading information through the internet concerning the potential destruction of a federal building.
Federal Reserve Predicts 15 Million Americans Will Remain Unemployed Through 2020The Federal Reserve expects that as many as 15 million Americans will remain unemployed by year-end even as the economy continues recovering from the impact of the coronavirus.
U.S. Could Lose 14 Million Jobs: Are We Entering A Depression?The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
Home Refinancing Applications Spike As Interest Rates Fluctuate During PandemicIn response to concerns over COVID-19, the Federal Reserve recently cut its benchmark interest rate to near zero.
Texas 2nd In The Nation When It Comes To High Credit Card DebtA new report says the nation's four most-populated states carry the highest total amount of credit card debt, with Texas residents in the number two spot.
Federal Reserve Raises Interest RatesFed officials ended their two-day meeting by hiking the federal funds rate -- what banks charge each other for short-term loans -- to a range of 1.25 to 1.5 percent.
Fed Hikes Key Rate For Second Time In 3 MonthsThe Federal Reserve is raising its benchmark interest rate for the second time in three months and signaling that any further hikes this year will be gradual.
Fed Expected To Raise Rates For First Time In A YearThe Federal Reserve is expected to raise its key interest rate for the first time in a year when its policy meeting ends Wednesday.
Federal Reserve Chair Yellen Likely To Face Questions About Wells FargoThe nation's second largest bank engaged in practices that allegedly allowed the bank to open millions of accounts without customers' permission.
Fed Vice Chair: Too Soon To Know Effects Of Market MovesThe vice chair of the Federal Reserve said Tuesday that the recent slump in financial markets could be a sign the global economy is slowing, which would affect U.S. growth.
Fed Holds Rates SteadyThe Federal Reserve has decided to keep the rates at record lows.
Economists Say Fed Will Raise Rates In 2015The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday.
Federal Reserve Bank Prez Blames Congress For Lagging EconomyOn Tuesday night in Dallas, the President and CEO of the Dallas Federal Reserve Bank, Richard Fisher, made a speech that's making national headlines, about who he blames for the still sluggish economy.
US Consumer Prices Tick Up As Rental Costs RiseRising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.