After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...

The US central bank announced a long-awaited half-percentage-point cut to its key lending rate on Wednesday, garnering ...

Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for ...

Consumer spending was tepid last month but exceeded forecasts. Data from the Census Bureau showed retail sales were up 0.1% ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

With two more cuts penciled in by the end of the year, we may finally get some relief from high interest rates.

Prince Harry, the Duke of Sussex, will be heading to his home country on Sept. 30 to support the WellChild Awards in London.

The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk-on ...

The Federal Reserve is set to cut interest rates by at least a quarter of a percentage point Wednesday, putting the ...

The Federal Reserve just reduced interest rates for the first time in four years. Here’s how it will impact borrowers and ...

The Fed controls the federal funds rates (interest charged on cash reserve transactions between banks). But the central ...

The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...