• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...

You might be able to deduct mortgage interest on your taxes if you itemize and follow a few other guidelines. Many, or all, of the products featured on this page are from our advertising partners who ...

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ...

In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it. The Fed, in a statement ...

The Federal Reserve left interest rates at their current levels as the central bank continued to assess the impact of President Donald Trump's tariffs on the U.S. economy. The federal funds rate ...

Amazon.com Inc. is rolling out an artificial intelligence feature called Interests to help users discover products in its e-commerce marketplace. Daniel Lloyd, the company’s vice president of ...

Archon Fung serves on the National Governing Board of Common Cause, whose mission is to “to create open, honest, and accountable government that serves the public interest.” The organization has ...

But what economists call "soft landings" – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren't. As we turn to 2025, we're ...

The Fed surprised markets with its interest rate outlook next year. Investors are eyeing a number of scenarios for 2025. Wall Street sees a prolonged Fed pause as likely, given strong growth and ...