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 ...

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 ...

Following the regular two-day Federal Open Markets Committee meeting, Powell said the U.S. economy continues to show momentum and inflation has remained high in recent months, informing the Fed's ...

Money-market rates, which are keyed off of the Fed’s current 5.25%-to-5.5% policy band, have held steady and offered no surprises. That’s about to change. Fed Chair Jerome Powell signaled last ...

He added: "This is the only bull market in post-war history where the Fed has been tight throughout its entire existence. Normally, the Fed is easing before the bull even starts. So in some way ...