Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.

The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...

Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...

The Fed's action aims to alleviate high interest rates but may exacerbate inflation, stressing consumers and increasing the ...

In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late ...

Money-market funds shed $20.02 billion in assets in the past week, according to data from the Investment Company Institute. While balances were still lofty at $6.3 trillion for the week ending ...

President Joe Biden told the Economic Club of Washington, D.C., on Thursday that he wasn't declaring victory, but the country ...

Amazon.com Inc. is raising pay for fulfillment and transportation workers by $1.50 an hour starting this month, raising the base wage to more than $22 an hour, or $3,000 a year on average for ...

The blue chip index closed above the psychologically significant 42,000 level for the first time ever Thursday.

Nvidia ( NVDA 4.04%) stock is jumping Thursday following the Federal Reserve's recent interest rate cut. The company's share price was up 4.9% as of 3 p.m. ET.

Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from fighting inflation to helping economic stability. And the president seized ...

Oil futures gain as the market digests implications of the Fed's 50 basis-point interest-rate cut and Israeli air strikes against Hezbollah targets in Lebanon add to geopolitical risk perception.