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.

The Fed’s recent rate cut won’t bring down borrowing costs enough to offset the rise in housing prices in most major U.S. cities, Zillow’s research suggests.

The U.S. solicitor general argued lower courts have “interfere[d]” with President Trump’s right to remove the Fed governor, ...

Electric bills in New York haven't been this high for a decade, and they're about to rise even more. Here's why.

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 ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

The Trump administration on Thursday asked the Supreme Court to pause a ruling by a federal judge in Washington, D.C., that ...

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.

When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.