Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

U.S. stock index futures dipped on Tuesday after Wall Street's rally over the past few days following election results as ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

These are today's mortgage and refinance rates. Even though the Fed cut rates this week, mortgage rates are likely to remain ...

In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...

Many economists warn that Trump’s plans are likely to worsen the inflation he’s vowed to eradicate, drive up the federal debt ...

In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer ...

The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...