Legislation introduced in the House and Senate calls for the elimination of the Federal Reserve system that has been in place in the government since 1913. Kentucky Representative Thomas Massie ...

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Forerunner: The First Bank of the United States, set up at the urging of Alexander Hamilton, was America’s first central bank — although, unlike the modern Federal Reserve ... This British system was ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

On this day, April 7, 1947, Henry Ford — the pioneering industrialist and proud Irish American — passed away at the age of 83 in Dearborn, Michigan. Born to Irish immigrant parents from County ...

Blue Cross Blue Shield of Michigan is negotiating reimbursement contracts with Michigan’s largest health care systems — Henry ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal. As tariffs work their way into ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve kept its benchmark interest ...

Throughout the month of April, The Henry Ford in Dearborn will celebrate the career of renowned filmmaker Francis Ford Coppola with “Francis Ford at The Henry Ford.” Eight of Coppola’s ...

In these cases, the Federal Reserve may choose to simply continue open market operations, buying bonds and other assets to flood the banking system with new credit. This is known as quantitative ...