The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.

Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...

Despite its recent upward move, the average rate on a 30-year mortgage is still down from 7.22 percent in May, its peak so ...

Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...

Plus, Sen. John Thune will be the next Senate majority leader, while President-elect Donald Trump continues to build his next ...

The New York governor proposed a 40 percent cut in the already-approved toll pricing with the expectation that the toll will ramp up to the original $15 base toll over the course of several years.

The US indices all look as if they are trying to build up the momentum in this overall trend, as the market deals with the earnings season, but also the interest rate situation in the US. All things ...

An index is said to be in a “correction” phase when it falls more than 10% from its last peak level. A more-than-20% fall ...

The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.

Marketplace looked at how many incumbents lost control of the presidency or prime ministership, finding that more than 70% ...

"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

In September, the Fed all but declared victory over inflation and slashed its benchmark interest rate by an unusually steep ...