WASHINGTON (TNND) — Federal Reserve officials were divided on whether to support the first interest rate cut of this year during their September meeting despite growing concerns about the strength of ...

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...

The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more ...

In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above ...

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

WASHINGTON (TNND) — The Federal Reserve reduced its key interest rate by a quarter-point on Wednesday, marking its first cut since December. The move lowers the short-term rate to approximately 4.1%, ...

The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.

WASHINGTON — The Senate has approved one of President Donald Trump’s top economic advisers for a seat on the Federal Reserve’s governing board, giving the White House greater influence over the ...