Fed funds futures traders are pricing in a 46% probability of a rate cut by September, down from about 65% a day ago, ...

The Federal Reserve left its key short-term interest rate unchanged, brushing off repeated calls from President Donald Trump ...

A flurry of recent major economic news provides a barometer of the U.S. economy as President Donald Trump’s tariffs steer the ...

Wall Street stocks rose on Wednesday as the US economy grew much faster than expected in the second quarter of 2025. GDP grew ...

Mortgage rates are likely to tick up even as the Federal Reserve said on Wednesday its target interest rate would remain ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

119 JCPenney stores sold in nearly $1 billion deal. See list of locations.

Multiple reporters questioned Federal Reserve Chairman Jerome Powell during a Wednesday press conference over the decision to ...

The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, ...

Federal Reserve officials left interest rates unchanged but downgraded their view of the US economy, a sign policymakers ...

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...