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The Latest Breaking News from the Federal Reserve Bank of New York

The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage

With unemployment at 4.3% and quits near a multiyear low, employees are absorbing cuts they would have walked out on three years ago.

Fortune

The job market is so bad, workers now think they have worse odds of finding a role than during the pandemic

Data from the Federal Reserve Bank of New York shows that Americans are increasingly pessimistic about their job prospects.

Fortune

Why France Sold 129 Tonnes of Gold in New York, to Buy It Back in Europe? Inside BdF's Profitable Repatriation

France has successfully repatriated its gold reserves from New York, securing a £11.2 billion gain by upgrading to higher-standard bars in Europe

International Business Times UK

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The 4 Economic Myths Powering Trump's New Tariff Push

American businesses and consumers absorbed nearly 90 percent of the 2025 tariffs' economic burden, the Federal Reserve Bank of New York found.

Reason

How Dave Ramsey Is Aiming To Help Americans Amid a Growing Debt Crisis

Americans are drowning in debt. According to the Federal Reserve Bank of New York, total U.S. household debt rose to about $18.59 trillion in the third quarter of 2025 and that's where Dave Ramsey,...

GOBankingRates

How to improve your credit score if you've missed student loan payments

Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection

The Independent UK

These are the top 10 worst-paying college majors

New data from the Federal Reserve Bank of New York shows college majors with the lowest median income after graduation.

Fortune

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How much credit card debt is ‘normal’?

Credit card balances have ballooned to record highs in recent months with the average credit card debt in the U.S. estimated at $6,371

The Independent UK

Credit Card Defaults Are At Highest Levels Since 2010

Credit card debt in the United States have surged to their highest level since 2010 causing experts to forecast more financial pain ahead.

International Business Times

Americans are struggling to pay off credit card debt; Tiny Desk Contest's 2024 winner

Nearly 1 in 5 Americans have maxed out their credit card borrowing, according to the Federal Reserve Bank in New York. Tiny Desk Contest crowns its 10th anniversary winner.

WEKU

More Americans are falling behind on credit card bills

Credit card delinquencies rose in the first three months of the year. That's a sign of the growing financial stress that some families are feeling in an era of rising prices and high interest rates.

WEKU

Fed Officials Show Reluctance To Cut Rates

Federal Reserve officials are cautious about cutting interest rates amidst economic uncertainty and global trade tensions.

Top News

KY Financial planner cautions consumers about zero interest credit card offers

Credit card debt in America recently topped 1-trillion dollars for the first time, according to a recent report from the Federal Reserve Bank of New York.

WEKU

Sudan’s war is wrecking a lot, including its central bank – a legacy of trailblazing African American economist and banker Andrew Brimmer

The war in Sudan between two rival generals for control of the country is devastating in so many ways. Hundreds of civilians have been killed, thousands injured and more than 1 million people are now homeless. The fighting is even wreaking havoc on the country’s central bank.

The Conversation

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Zenger

Federal Reserve Bank Of New York Found New Distinctions In Cross-Border Payments In New Study

The New York Federal Reserve published results from a study on major railway digital payments going to other countries.

People

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Organisations