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(Bloomberg) -- The Trump administration has asked the US Supreme Court to allow the firing of thousands of workers at six federal agencies after a judge ordered that they be reinstated.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at t

(Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the line, analysts at Morgan Stanley said in a note on Monday. At issue is the relationship between how the Fed makes money to fund its operations and the cash it pays as part of the system to maintain control over short-term interest rates. Aggressive rate rises starting three years ago tipped Fed books deeply into the red and now, with short-term rates down, the investment bank believes the Fed is hovering near the point where it can earn money again.

President Donald Trump urged the Federal Reserve on Monday to lower interest rates after the U.S. central bank last week kept them unchanged. "I'd like to see the Fed lower interest rates," Trump said during a meeting with his cabinet at the White House.

Banking has driven a surprise rebound in private sector growth as lower interest rates encouraged Britons to take out more mortgages, according to an influential survey of businesses.

(Bloomberg) -- Chile’s central bank raised its 2025 economic growth and year-end inflation forecasts days after policymakers signaled they’re in no rush to resume interest-rate reductions.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsWhy Did the Government Declare War on My Adorable Tiny Truck?New York Subway Ditches MetroCard After

(Bloomberg) -- Mexico’s inflation slowed more than expected in the first half of March, as the central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half-point reduction. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsWhy Did the Government Declare War on My Adorable Tiny Truck?New Y

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall of the Soviet Union. The warning came weeks before Russian and U.S. Presidents Vladimir Putin and Donald Trump began talks to end the war in Ukraine. Trump has warned he could impose further sanctions on Russia if there was no peace deal.