Jerome Powell has concluded his news conference following the announcement that the Federal Reserve will cut the country's ...

The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

Wall Street widely expects a quarter-point cut. That would mark the third rate cut since September and lower the target for ...

The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News ...

Powell’s final stretch before a leadership change begins with a cautious rate cut as the Fed reads a slowing labour market ...

Tackling soaring inflation in the US is the job of the Federal Reserve, the country’s central bank. The Fed has consistently made headlines in recent years due to its role in managing inflation ...

The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...

The U.S. job market appears stuck in a “low-hire, low-fire” state that has kept the unemployment rate historically low.

US applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, ...