Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.

Who will be best for the global economy among Kamala Harris & Donald Trump as fears of a global recession before the end of ...

The Fed's rate cut is vindication for President Biden, whose pandemic-era agenda government spending drove inflation to a ...

Last month, Harris unveiled economic plans intended to ease inflation, fix the housing market, and slash taxes for middle-income families. The plans include eye-catching proposals such as a $25,000 ...

During the Great Recession in 2008 ... the history of our country,” but it was really about the same as during Obama’s second term. Under Obama, from 2013 through 2016, real GDP growth ...

Lyngen posits that the odds need to hit 80% for the Fed to be persuaded to make a substantial initial reduction in its benchmark rate.

During the Great Recession in 2008, the Federal Reserve slashed short-term ... economy in the history of our country,” but it was really about the same as during Obama’s second term. Under Obama, from ...

Both candidates were part of administrations that produced growing deficits. Neither is likely to reverse that trend if ...

Compare Obama's record in this recession to Reagan's in the early 1980s. Depending on the month you pick, December or January, Reagan inherited an unemployment rate of 7.2 or 7.5 percent ...

National Park Service Law Enforcement rangers confirm a woman died in a single-vehicle crash along the Blue Ridge Parkway.

THE FED WANTS TO MAKE IT EASIER TO BORROW MONEY TO AVOID SLOWING INTO A RECESSION. WE ASKED AN ECONOMIST WHAT THIS ... AND ...