A recent watchdog report warns IRS staffing cuts will make it more difficult for the agency to detect fraud, process tax returns and provide help to taxpayers.

President Trump achieved his goal of shrinking the work force. But many current and former officials say the government is ...

More changes for federal employees are expected to continue in 2026, according to goals the Trump administration laid out in the President’s Management Agenda.

Mass firings, buyouts and heightened uncertainty led to an exodus of federal workers in 2025. More than 300,000 employees ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

The Federal Reserve will announce whether to cut interest rates at its December meeting, capping off a turbulent year for the U.S. economy defined by fresh labor market headwinds and tariff-fueled ...

A Durham-based project had a $285 million contract terminated by the federal government, according to a spokesperson. Smart USA Institute learned it was losing the federal funding on Dec. 10. The ...

The Lumbee Tribe of North Carolina is on the verge of full federal recognition after the Senate on Dec. 17 approved a $900 billion defense policy bill, titled the National Defense Authorization Act.

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...

President Donald Trump will sign an executive order this week establishing a federal framework around artificial intelligence, a move aimed at preempting states from imposing their own laws on the ...

The U.S. added 64,000 jobs in November as the unemployment rate rose to 4.6 percent, according to delayed data released Tuesday by the Labor Department. Economists had forecast a gain of 40,000 jobs ...

WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the ...