Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

Capital Guard outlines five investment principles to help Australians focus on capital protection, steady income and informed ...

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

Shares charged higher Wednesday in Europe and Asia after U.S. stocks hit new records when data showed inflation across the ...

The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than ...

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...

Tom Barkin, president of Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...

There is heightened optimism the Federal Reserve will cut interest rates next month, with hopes boosted by a better-than-expected inflation report and Wall Street’s fear gauge falling to its lowest ...