The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

As of July 2024, the Federal Funds rate sits at a rate of 5.33%. Impact of the Overnight Rate Most consumers don't know much about the overnight rate because it doesn't get much media coverage.

It is important to distinguish between the definition of income tax and federal income tax. In the U.S., governments at the state level may also levy income taxes. These are in addition to federal ...

The Philadelphia Fed Index is the longest-running survey on regional manufacturing among the Federal Reserve’s 12 district banks. The Philadelphia Fed Index refers to the monthly results of a ...

The Federal Home Loan Bank System plays an important role in facilitating affordable housing initiatives by providing funds to financial institutions that dispense mortgage loans. The Federal Home ...

See full definition. A federal government entity created to monitor, analyze, and advise on certain parts of the insurance sector. Unlike the state insurance departments, it does not have any ...

A recent executive order from Missouri Gov. Mike Parson banning intoxicating hemp-based drinks and edibles stirred opposition ...

You might also find your EIN on other important business documents such as tax forms (state or federal), license applications or your banking information. If not, call the IRS’s business and ...

One of the main changes aims to broaden the types of misconduct which universities across the country must address by ...

Vice President Kamala Harris’s campaign said she will call for what it says is the first-ever federal ban on corporate price gouging for food and groceries. The campaign said Harris, in a speech ...

The road connecting to Margondanahalli is pathetic. People are just so fed up.” Health problems linked to the deteriorating road and drainage conditions are worsening, with multiple residents ...