Former President Donald Trump promised the country he would place a temporary cap on credit card interest rates if he returns to the White House.
This dramatic shift in borrowing costs signals a new “normal” and will directly impact industries like commercial real estate ...
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
The Honolulu-based seller said it rejected a competing bid from an investor group and would stick with its plan to sell to ...
The other big potential threat is a U.S. recession. A soft landing for the economy is the central case, but a deeper slowdown ...
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...
The U.S. stock market was declining midday Friday, but all three major benchmarks remained on course for weekly gains after a sharp rally in the wake of the Federal Reserve’s rate cut on Wednesday.
On Wednesday, the Federal Reserve announced a 50-basis-point cut to the federal funds rate, while projecting a comparable reduction through the rest of the year. (A basis point is one ...
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Critics on the FDIC's board include Vice Chair Travis Hill and Democrat Rohit Chopra, who is also the director of the ...