A new bipartisan bill seeks to consolidate over 30 duty statuses under which National Guard members and reservists can be called to service to just four.

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.

The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation, such as raise interest rates, which makes borrowing to buy a home, car, or appliances more expensive.

The Fed is a separate agency from the U.S. Treasury, but both are responsible for keeping the economy stable. Here's the difference between the two bodies.

The Secretary of the Treasury suspended production of the 1-cent coin, with the final penny pressed Nov. 12., after determining it was no longer needed—and becoming increasingly expensive to make. The cost to produce the penny has increased from 1.42 cents to 3.69 cents per penny, according to the United States Mint.

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026