Former President Donald Trump promised the country he would place a temporary cap on credit card interest rates if he returns to the White House.

This dramatic shift in borrowing costs signals a new “normal” and will directly impact industries like commercial real estate ...

The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...

The Honolulu-based seller said it rejected a competing bid from an investor group and would stick with its plan to sell to ...

The other big potential threat is a U.S. recession. A soft landing for the economy is the central case, but a deeper slowdown ...

Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature ...

The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...

The U.S. stock market was declining midday Friday, but all three major benchmarks remained on course for weekly gains after a sharp rally in the wake of the Federal Reserve’s rate cut on Wednesday.

The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...

There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...

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

Lawmakers in the House are launching plan B to avert a government shutdown at the end of the month. Speaker Mike Johnson ...