The Fed’s benchmark interest rate tends to influence borrowing rates across the economy, including for mortgages, auto loans and credit cards. Other factors, though, can also push up longer-term rates ...

Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...

Siemens reported a net profit that beat analysts' expectations, as the German industrial conglomerate's data-center unit benefited from the artificial-intelligence arms race. Siemens said it could cut ...

The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...

Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.

This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...

The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...

Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investor hopes for ...

Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of ...

Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...

Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...

Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate ...