News

Savers will be getting less of a bang for their buck as the Fed drops interest rates. While financial institutions tend to be slow to lower the rates they charge borrowers, they’re quicker to drop the ...
When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.
TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Wall Street and world ...
While we’re getting the rate cut that so many people wanted, it’s important to remember why: to protect consumers from a slowing economy.
The U.S. solicitor general argued lower courts have “interfere[d]” with President Trump’s right to remove the Fed governor, ...
The average FICO credit score fell in 2025—the largest drop since 2009—as student loan delinquencies returned after pandemic protections ended.
Strong overnight gains have Wall Street poised to open at record highs Thursday following the Federal Reserve’s first interest rate cut in nine months. Futures for the S&P 500 rose 0.8% before the ...
Despite the president’s threats to its independence, the central bank is ignoring his demand for drastically lower borrowing ...
The Fed’s nearly-unanimous decision to reduce its key interest rate was seen by many as a quiet show of unity.
President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to ...
The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a ...
The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors.The Republican administration<a class="excerpt-rea ...