Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...

Charter Holdings CEO Ray Washburne discusses the timing of the Fed's interest rate cuts and Vice President Kamala Harris' 'opportunity economy' on 'The Ingraham Angle.' ...

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

Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by ...