NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three ...

For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...

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 ...

An Anthropic study aimed to quantify the economic impacts of AI. It found that AI could double the US economy's annual growth rate. Time-saving with AI varies significantly across industries. Tech ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...

Florida Power & Light (FPL), the largest electric utility in the United States, said it has approval from the regulator to increase customers' base rates over the next four years, which critics say ...

This is read by an automated voice. Please report any issues or inconsistencies here. Federal Reserve officials are sharply divided on a December rate cut, with market odds plunging to 50-50 from 94% ...

The Fed cut interest rates for the second time this year in October, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explained the central bank’s ...

The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation. By ...

WILLIAMSVILLE — Tolono Unity's Crewe Eckstein bolted to the end zone on the opening possession, and the Rockets scurried to a 42-7 victory over Williamsville in the Class 3A quarterfinals at Paul ...

The path for interest-rate cuts has been clouded by an emerging split within the central bank with little precedent during Federal Reserve Chair Jerome Powell’s nearly eight-year tenure. Officials are ...