While it isn't responsible for money printing, the Federal Reserve is in charge of shredding currency. Here is why and how exactly it does this.

After being part of American currency for over 230 years, the US Treasury has announced the end of the US penny in 2026.. Every penny costs 3.7 cents to produce, and the US Mint incurred a loss of ...

The U.S. dollar slid on Tuesday as a series of mixed economic data, some of which was delayed and therefore dated, reinforced ...

In the currency market, the Japanese yen was in the spotlight, having strengthened to 156.375 per dollar from nearly 158 a week ago. Investors are watching for possible intervention from Tokyo after ...

WASHINGTON (AP) — The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and ...