The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...

A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the nickname “Too Late” before adding that, after the Fed Chair’s term expires ...

Federal Reserve officials are planning to reduce the staff of its banking supervision arm by 30% by the end of next year, ...

The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September. Before that, ...

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.

The Federal Reserve is anticipated to announce a cut in interest rates on Wednesday, despite the lack of government data due ...

The Federal Reserve cuts its benchmark interest rate by 0.25% today to 3.75%-4% The last time the Federal Reserve cut rates ...

The Federal Reserve this week cut its benchmark federal-funds rate by 25 basis points, lowering the target range to 3.75 ...