Critics on the FDIC's board include Vice Chair Travis Hill and Democrat Rohit Chopra, who is also the director of the ...

Understanding the Federal Reserve's unexpected interest rate cut and its potential impact on job market and economy.

Barrick Gold has suspended operations at its Porgera gold mine in Papua New Guinea until Thursday after tribal violence in ...

Retail sales inch up 0.1% in August, signaling consumer resilience amid economic challenges and Fed's rate cut considerations ...

While discussions around Fed rate cuts have been recurring for over a year, it appears that the much-anticipated shift is finally on the horizon. The US Fed is poised to initiate its rate-cutting ...

The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed President Mary Daly said ...

Scottie Scheffler, the last man standing at Atlanta’s East Lake Golf Club on Sunday, can boast of being the winner of the Tour Championship as well as the year-long FedEx Cup title. He also ...

It may be too late for the Fed to stop a recession now, according to Northwestern Mutual. The firm flagged the risk of a coming downturn, despite the Fed being set to cut rates in September.

This led many investors to conclude that the Fed will start its rate-cutting cycle in September, but they were left to speculate just how big a first rate cut would be - 25 basis points or 50 ...

Fed Chair Jerome Powell indicated it was time for the central bank to lower interest rates. Lower rates are likely to fuel higher valuations in the AI sector. Nvidia, AMD, and Microsoft will be ...

The Fed hiked its key lending rate to a two-decade high last year as it battled to control runaway inflation after the COVID-19 pandemic and return towards its long-term 2 per cent target.