The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...

The White House has tapped former Federal Deposit Insurance Corp. director Jonathan McKernan to lead the Consumer Financial Protection Bureau and attorney Jonathan Gould to lead the Office of the ...

CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...

The STABLE Act has many features I support, such as full reserves for tokens, limitations on the activities of an issuer, but ...

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...