The quarter point cut announced Wednesday, which puts the monetary body’s target rate in the 4.0% to 4.25% range, is the ...

Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a ...

The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”. This language ...

Federal Reserve nominee Stephen Miran, a senior White House economic adviser, told Senate lawmakers Thursday that he does not plan to resign from the Trump administration if confirmed to the Federal ...

It’s easy enough to decry Donald Trump’s attempted takeover of the Federal Reserve as yet another swerve toward authoritarianism. He is breaking with decades of precedent and allegedly the law to ...

Earlier this week, it was reported that for the first time in nearly three decades, Central Banks worldwide own more gold than U.S. Treasuries. This move is being viewed as part of a broader trend ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Back in May, when the Supreme Court ...

While it is still uncertain whether President Donald Trump's dismissal of Federal Reserve Governor Lisa Cook, who is preparing a legal challenge, will succeed, her potential departure gives him ...

President Donald Trump’s attempt to remove Lisa Cook as a governor of the Federal Reserve is a brazen escalation of the administration’s long-running pressure campaign on the central bank. It is also ...

Federal Reserve Governor Lisa Cook is suing President Donald Trump to challenge his attempt to fire her from the board of the central bank. A president cannot get rid of Fed officials over policy ...