Federal Reserve Chair Jerome Powell held a news conference after the central bank cut interest rates by 25 basis points, bringing its benchmark federal-funds rate to a two-year low.

NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic outlook for 2025.

Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in ...

For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly ...

Fed chair Powell speaks at a press conference in Washington. /Courtesy of Federal Reserve The recent surge of AI agents signifies that anyone can create and own AI agents by combining blockchain ...

WASHINGTON—The Federal Reserve cut its key interest rate Wednesday by a quarter-point—its third cut this year—but also signaled that it expects to reduce rates more slowly next year than it previously ...

The S&P 500 fell 2.9%, just shy of its biggest loss for the year, to pull further from its all-time high set a couple weeks ...

The Federal Reserve reduced the federal funds rate by 0.25% at its December 18 FOMC meeting, marking the third consecutive ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Federal Reserve Chair Jerome Powell offered what was perhaps a tell Wednesday on how top of mind the economic policies of President-elect Donald Trump are for monetary policy in 2025. The moment ...