The News / Hottest

Despite a promising inflation report, the Fed's work in taming surging prices is far from over.

more...

In an announcement, Fed officials acknowledged that inflation has “eased somewhat,” but cautioned it remains “elevated,” and that additional rate increases “will be appropriate” in order to further ease rising prices.

more...

Despite recent turmoil in the banking industry, the Federal Reserve on Wednesday announced that is has decided to continue raising interest rates. The Fed said it has decided to raise the target range for the federal funds rate by another 25 basis points to 4.75 to 5.0 percent.

more...

Employment in the U.S. increased by less than expected in the month of July, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment climbed by 187,000 jobs in July after rising by a downwardly revised by 185,000 jobs in June.

more...

Employment in the U.S. increased by more than expected in the month of November, according to a highly anticipated report released by the Labor Department on Friday.

more...

The Federal Reserve on Wednesday announced its widely expected decision to lower interest rates for the first time in over four years, aggressively slashing rates by half a percentage point. With the Fed saying officials have gained greater confidence inflation is moving sustainably toward its 2 percent target, the central bank lowered the target range for the federal funds rate by 50 basis points.

more...

After aggressively slashing interest rates by half a percentage point in September, the Federal Reserve on Thursday announced its widely expected decision to lower rates by another quarter point. The Fed said it has decided to lower the target range for the federal funds rate by 25 basis points to 4.50 to 4.75 percent.

more...