The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

We take a look at what Donald Trump's potential economic plans could mean for inflation, the Fed and Jerome Powell. Here's ...

(Reuters) - Major brokerages including J.P.Morgan, Barclays and Goldman Sachs retained their view of a 25-basis-point (bp) ...

Trump will inherit an economy already on relatively solid footing. Inflation has slowed and wages have begun to catch up with ...

The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.

When the Fed tried to unwind this unprecedented monetary policy, the economy got shaky, and the stock market crashed (in the ...

The FBI wasted no time giving Fidel Marquez his first assignment after the chief lobbyist for electric utility Commonwealth ...

For decades, young people chose to move to cities and large metros for greater opportunity. Since the pandemic, that ...

The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a ...

Federal Reserve Chairman Jerome Powell said the U.S. jobs market is probably weaker now compared to just before the pandemic broke out in March 20202, based on a broad array of labor market data. The ...

"That said, I continue to believe that 2025 will be the best year for the new vehicle market since 2019," Smoke said. The risk, as some economists see it, is that the Fed could have to switch course ...

Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...