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

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

Fellow no-frills air carrier Frontier also made news yesterday. CEO Barry Biffle dismissed his United Airlines counterpart's argument that the budget airline model is a thing of the past. Biffle's ...

Current reports that potential Fed rate cuts could lower borrowing costs, reduce savings interest, and impact stock market performance.

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

President Donald Trump said Aug. 25 that he fired Federal Reserve governor Lisa Cook, an unprecedented action that removes her from the nation’s policy-making central bank – and gives Trump the ...

President Donald Trump ousted Federal Reserve Governor Lisa Cook on Monday, alleging she lied on mortgage forms by declaring two primary residences. In a letter to Cook, Trump said the Federal Reserve ...

President Donald Trump on Aug. 25 announced he was firing Federal Reserve governor Lisa Cook, an unprecedented move that brings the president one step closer to shaping the balance of the Fed's ...

Hannah Parry is a Newsweek Live Blog Editor based in New York. Her focus is reporting on U.S. politics and society. She has covered politics, tech and crime extensively. Hannah joined Newsweek in 2024 ...

President Donald Trump said Friday he would fire Federal Reserve Governor Lisa Cook if she doesn’t resign voluntarily, as Cook is facing allegations of mortgage fraud, which she has denied. Chairman ...

President Donald Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted to Truth Social on Monday night. In the letter, Trump writes: "Pursuant to ...