In a statement, the Fed said the decision is based on general improvement in labour conditions, growth in the economy and ...

Fed Chair Jerome Powell said after the decision that the US economy remains strong. “Powell expressed a lot of confidence in ...

Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes are seen fueling a new era of inflation ...

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.

Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...

Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...

The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6 ...