If you’re going to chop and boil potatoes, might as well add another vegetable to the pot. Parsnips look like white carrots, ...

When the Fed concludes its policy meeting on Thursday, most economists expect the Fed to trim its short-term benchmark fed funds rate by a quarter percentage point to between 4.50% to 4.75%.

Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: Major indexes gained as the Fed cut rates by 25 basis points, which was widely expected after an initial jumbo 50 basis ...

In a statement after a two-day meeting, the Fed steered clear of any references to Trump or the election. "In the near term, the election will have no effect on our policy decisions," Fed Chair ...

Expectations of Fed rate cuts typically push down mortgage rates, as they did in the lead-up to the Fed’s half-point cut in September. That downward drift was a welcome development for ...

Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally across the stock market on Wednesday. The Dow Jones Industrial Average ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards ...

Asked whether he would step down amid chatter that Trump's advisers had suggested he do so, Powell replied, "No." Trump nominated Powell as Fed chairman in 2017 in his first administration.

The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...

Fed Chair Jerome Powell took questions at his post-meeting press conference, where the discussion largely centered on what President-elect Donald Trump’s return to the White House means for the ...

Indexes rose Thursday to continue a post-election rally after the Fed cut interest rates. The Fed cut rates by 25 basis points, a smaller move compared to its September meeting. The central bank ...