A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs.

Markets see just one rate cut coming in 2025 amid a confluence of strong economic data and the potential for Trump's economic ...

Washington Post columnist Catherine Rampell said President Biden most likely "will not have much of a lasting legacy," ...

Other Fed officials have recently suggested that the Fed will move more slowly on rate cuts this year, after cutting at each of its last three meetings in 2024. Lisa Cook, a member of the Fed’s ...

Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Putin's invasion of Ukraine spurred economic growth in Russia, driven by government stimulus. Nearly three years later, signs ...

Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries ...

In one of his final interviews as president, Joe Biden offered up an unlikely alternative history that yes, he could have ...

Each day the Money blog starts with a regular feature to absorb as you wake up or during your commute - and on Wednesdays we ...

U.S. stocks dipped on Wednesday, as uncertainty prevailed on Wall Street after the release of two sets of jobs data and a ...

Jerome Powell’s recent “hawkish cut” is set to light a fire under high-yielding (and tax-free!) municipal bonds.