The Fed held rates steady today, and its updated forecast suggests yields on savings accounts and CDs could stay elevated longer than many expected.

Porter is seeking federal funds for two sanitary sewer projects to address present issues and open growth opportunities north of U.S. 20.

U.S. Transportation Secretary Sean Duffy announced the release of $1.06 billion in federal funds that were granted in 2024.

Schools in Illinois will regain access to some federal grant funds, but programs nationwide continue to struggle.

However, local officials are trying to find help for Jobin and those like him via federal funding. The goal for New Palestine is to have a septic tanks elimination program, with financial help coming from the federal government.

Discover the key differences between the federal funds rate and LIBOR, two crucial interest rates that impact U.S. and global lending practices.

Wall Street is keen to hear what Federal Reserve policymakers are feeling about the surge in oil prices so far. The big risk would be if Fed Chair Jerome Powell starts talking about rate hikes, said Jack Janasiewicz,

Chair Jay Powell says ‘several participants’ suggested the central bank’s next move could be to tighten monetary policy