Powell said that tariffs have dampened consumer and business sentiment and the government recently reported that the U.S.

HSBC has warned employees in its UK retail and commercial banking division that they risk cuts to their bonuses if they fail to meet office attendance requirements, according to a Bloomberg report on ...

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

The lower headcount will come from a voluntary deferred resignation program, not layoffs, according to an internal memo.

Lehigh Valley school districts are planning to raise tax rates and draw on reserve funds as their proposed budgets see a rise ...

The Federal Reserve Board plans to reduce its workforce by 10%, potentially eliminating more than 2,000 positions over the ...

Federal Reserve Chair Jerome Powell announced a planned 10% workforce reduction over the next few years, impacting roughly ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...

The Federal Reserve plans to reduce the agency’s head count by 10% over the next “couple” of years. In a memo sent internally ...

Jerome Powell has told the Federal Reserve to start cutting jobs. In a memo obtained by Bloomberg, Powell said the central ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.