President Biden on Thursday falsely claimed he had never spoken to Federal Reserve Chairman Jerome Powell as president, despite having a meeting with him at the White House two years ago. Biden, ...

The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.

This week the Federal Reserve cut interest rates for the first time in four years, making it easier to borrow money. But its ...

The yen is under pressure as investors anticipate a cautious Bank of Japan (BOJ) policy meeting on further tightening.

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...

As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that ...

The Federal Reserve's aggressive interest-rate cut this week could provide some breathing space to distressed companies, according to Howard Ehrenberg, a partner at law firm Greenspoon Marder's ...

The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated price pressures, according to economists polled by Reuters, with most ...