Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...

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 ...

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

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 ...

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 ...