Shares have retreated in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence ...
With the promise of spending cuts, regulatory and tax reform, the U.S. economy is staged for economic growth and higher ...
Philadelphia Federal Reserve Bank President Patrick Harker on Thursday expressed support for continuing to hold short-term ...
Federal Reserve Bank of Cleveland President Beth Hammack said interest rates are not “meaningfully restrictive” and should be ...
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad ...
Household income growth is slowing even as inflation stays high, stressing finances. It also means weaker gains in consumer ...
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised ...
The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage ...
The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...
As such, the central bank has kept its key short-term interest rate at a target range of 4.25% to 4.5% since December. The FOMC lowered rates by a half of a percentage point in September-its first cut ...