The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers.

Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...

Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...

The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Kristina Hooper, chief global market strategist at Invesco, said the U.S. economy looks set to avert a recession as the Fed starts easing monetary policy just ahead of the U.S. election, and she ...

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...

Watch live as Joe Biden delivers remarks at the Economic Club of Washington in DC on Thursday, 19 September, after the ...

Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...