You probably know that while the official full retirement age — or FRA — for filing Social Security retirement benefits is between 66 and 67 (depending on when you were born), you can claim as early as the age of 62. Doing so, however, dramatically reduces the size of your monthly payment.
To this end,
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By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
The investigation into testimony last June by Chair Jerome Powell about a $2.5 billion building renovation has also delayed Senate consideration of Kevin Warsh,
Federal Reserve chairman Jerome Powell has described a Justice Department probe of the central bank as an attack on the central bank’s independence. And a federal judge agrees.
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Kevin Dietsch/Getty Images North America
A federal judge put the brakes on the Justice Department’s criminal probe of the Federal Reserve,
Pirro, an ally of Donald Trump, was appointed by the president last year as US attorney for the District of Columbia. She issued the subpoenas in January, after inquiries from her office about the renovation and about Powell’s testimony before Congress on the subject, were ignored.
» Read more about: Judge says 'no evidence' to justify Federal Reserve probe »
By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
The investigation into testimony last June by Chair Jerome Powell about a $2.5 billion building renovation has also delayed Senate consideration of Kevin Warsh,
Why are US stock market indexes down today, and will S&P 500, Dow Jones and Nasdaq stay in red or turn green again? Investors are asking this question after Wall Street closed lower and recorded weekly losses. Oil prices moved above $100 per barrel as the war involving Iran affected global energy supply.
Investors can’t seem to catch a break in 2026, but Jefferies says the pain should soon be over and that stocks are poised to surge.
Major stock indexes fell on Friday after data from the Bureau of Labor Statistics showed the US economy lost 92,000 jobs in February, well off economists’
Despite being an extremely volatile position in investors’ portfolios, Tesla (TSLA 0.88%) has been a successful long-term investment. Shares have climbed 3,070% in the past decade (as of Feb. 27). But they trade 18% below their peak of $489.88 in December 2025.