EDITOR’S NOTE: This story was updated to reflect the person of interest detained Sunday was being released. Saying the “evidence now points in a different direction,” law enforcement officials late ...

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...

The Trump administration's Gold Card visa can now be yours, Commerce Secretary Howard Lutnick said, arguing that the new immigration program will bring renewed investment and ideas from top talent ...

WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the ...

The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Forbes contributors publish independent expert analyses and insights. I write about how bitcoin, crypto and blockchain can change the world. Bitcoin and crypto are treading water after wild swings ...

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a ...

The Federal Reserve on Wednesday cut its influential interest rate for the third time this year, pointing to a job market that Chairman Jerome Powell said may be weaker than it appears. The cut of a ...

Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...

The Federal Reserve will announce whether to cut interest rates at its December meeting, capping off a turbulent year for the U.S. economy defined by fresh labor market headwinds and tariff-fueled ...