OIL prices settled down more than 2 per cent on Friday as investors fretted about weaker Chinese demand and a potential ...

The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

President-elect Donald Trump has nominated Robert F. Kennedy Jr. to head the Department of Health and Human Services, ...

President-elect Donald Trump has proposed several economic policies, some of which Democrats may consider supporting due to ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

The office market has been benefiting from job growth, but in most markets, it has not been enough to overcome the decreased ...

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see ...