Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest ...

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

U.S. stocks fell to their worst loss since Election Day as the rally that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading. The ...

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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.

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

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 ...

Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...

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