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.
The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, ...
The strength of the market response has arguably been at odds with what many economists consider the prospect of worse ...
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central ...
President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...
The high-savings rate environment has upturned a lot of old ideas about CD vs. savings accounts. Here's how to decide where to put your money.
The spike was also a global phenomenon. In the US, the inflation rate hit its highest point in this recent surge in June 2022 ...
When the river began to rise last month in Asheville, North Carolina, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane ...
President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...
I n 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our ...
That was widely expected and came as no surprise. The bigger story was Fed Chair Jerome Powell's attempt to defend his job in ...