U.S. economic growth would be much stronger had the Fed stopped raising rates sooner, President Donald Trump said in an interview that aired Friday. » Read More
By: Jeff Cox
The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is looming. » Read More
By: Fred Imbert
A production halt of Boeing's 737 Max jets could be felt well beyond the aerospace giant's quarterly profits, according to J.P. Morgan. » Read More
By: Diana Olick
The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharply to 4.34 percent. » Read More
The jobless claims report pointed to still strong labor market conditions, though the pace of job growth has slowed after last year's robust gains.
In a unanimous move, the central bank's policymaking committee took a sharp dovish turn from policy projections just three months earlier.
The Fed took a pause on interest rate hikes, which would seem to satisfy President Donald Trump if not for the reasons that are driving the move.
The Federal Open Market Committee released its quarterly economic forecast, which includes the so-called dot plot of where members anticipate interest rates to head.
This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policymaking meeting on January 30.
The Fed's program to reduce the bonds it holds on its balance sheet will end in six months, a move scrutinized by financial markets.
Weakening Chinese and European economies are acting as a deterrent to U.S. growth, Federal Reserve Chairman Jerome Powell says.
The fed funds futures market is assigning a 47.8 percent probability of at least one rate cut by Jan. 29.
Should the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty.
Long-shot Democratic candidate Andrew Yang has proposed a $1,000 monthly stipend to Americans 18 and older, but he's looking to tackle other issues.
The average forecast for GDP growth this year is just 2.3 percent because of the trade battle and slowing global growth, the March survey found.
The Council of Economic Advisors says Trump's tax cuts led to millions receiving bonuses and cautions that progressive policies could harm economic growth.
"It is absolutely obvious that a big chunk of [people] have been left behind," J. P. Morgan CEO Jamie Dimon says.
Mortgage rates rose throughout most of last year but have since fallen to below year-ago levels. That should help make all homes more affordable.
Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fill positions.
U.S. manufacturing output fell for a second straight month in February.