WASHINGTON (AP) — The State Department on Thursday notified Congress of an updated reorganization of the massive agency, ...

Officials also expressed their worry about an economic slowdown and difficult tradeoffs they may have to consider.

Leaders of the faculty union for Connecticut's largest public college system are questioning why they are facing budget cuts ...

In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred ...

The disclosure by the Federal Reserve that it plans to slash its workforce by 10 percent in coming years strikes us as ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce the size ...

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

The Federal Reserve ... Powell informed staff on Friday in a memo viewed by Bloomberg News. Michael McKee looks at the structure of the central bank and where potential job cuts may happen.

The Federal ... Reserve Board employees who are eligible for full retirement as of Dec. 31, 2027, similar to how the central bank handled its workforce reductions in a 1997 efficiency push. "Board ...