So fundamental was gold to the Fed’s operations that its enabling legislation “mandated that each dollar of Federal Reserve notes be backed by at least 40 cents in gold,” the New York Fed has noted.

While investors worry about the markets, the Federal Reserve Bank of Philadelphia is raising the alarm about another economic indicator: credit-card payments. According to the central bank ...

A video clip from the stream was posted on X on Monday morning, in which Akademiks said: "With all due respect, y'all call him the boogeyman but he not Santa Claus, all right? He can't give you n ...

President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down." Billionaire Elon Musk said the Department of ...

Join Woodford Reserve on Saturday, May 3nd at The Ritz-Carlton Bacara to celebrate the Greatest Two Minutes in Sports. Wear your best Derby attire while enjoying a live viewing of the derby and a ...

he is our subject here. But before we present the true story of "Santa Claus" let us list some of the other Saint Nicholases: St. Nicholas of Flüe, Patron of Switzerland; St. Nicholas of ...

pressured by strength in the dollar as traders positioned for a slower pace of interest rate cuts by the Federal Reserve... Stocks enter the heart of Q1 earnings season this week, looking to build ...

Jordan Travis pushed through the struggles of a long and valiant comeback attempt from a serious leg injury until he was told it was time to finally walk away. The New York Jets announced ...

All dollar amounts are stated in United States (U.S.) Dollars unless otherwise noted. VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest ... Editorial Note: Opinions, analyses, reviews or ...

So far this year, the Fed has sat in neutral on interest rates. But when will that change, and how will it impact what you ...