Credit card debt reached an all-time high of $1.2 trillion by the end of 2024, according to data from the Federal Reserve ...

President Trump had pressed to fire Lisa Cook before the central bank’s meeting, at which the Fed voted to cut interest rates ...

The economy appears to be slowing but remains resilient. That's why the Fed is likely to move gradually. The risk is the ...

Major stock indexes ended mixed Wednesday after the Federal Reserve trimmed interest rates by a quarter percentage point and ...

President Trump’s Justice Department petitioned the Supreme Court to give him the go-ahead to fire embattled Federal Reserve Governor Lisa Cook after a lower court blocked the move.

The U.S. dollar rose against most major currencies on Wednesday, a day after the Federal Reserve delivered an expected rate ...

The Federal Reserve won't use its unconventional policy tools to lower the government's borrowing costs, said former New York ...

The Federal Reserve's interest-rate cut and the prospect of more reductions to come indicate that the central bank is giving ...

The Federal Home Loan Bank of New York ('FHLBNY”) announced today that Christopher Martin has been elected by its Board of Directors ('Board”) to serve as Board chair for a two-year term that will ...

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping.

Markets are shaking off initial hesitation prompted by Powell's warning that there's no 'risk-free path' for policy.

But with the market already booming and the Federal Reserve under presidential pressure, a new cycle of lower rates could ...