The Federal Reserve on Wednesday cut its influential interest rate for the third time this year, pointing to a job market that Chairman Jerome Powell said may be weaker than it appears. The cut of a ...
Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...
President Donald Trump on Wednesday heavily criticized Jerome Powell, the chairman of the Federal Reserve, saying he has "mental problems" and that he would love to "fire his ass." Trump’s remarks ...
The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
We live in a time when conspiracy theories have gone mainstream. No longer relegated to the deepest, darkest corners of the internet, the craziest people among us routinely post half-baked conjecture ...
High-speed passenger rail system Brightline’s mid-July decision to defer interest payments on a portion of its debt sent a ripple effect through the high-yield municipal-bond market. Since then, the ...
In Paul H. Kupiec’s first appearance on the Mercatus Center’s Macro Musings podcast hosted by David Beckworth, he discusses life at a think tank, the insolvency of the Fed, theories on how to fix the ...
The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but prospective car buyers hoping that will bring down the cost of loans shouldn’t hold their breath, experts say.
The New York Mets' front office is not known to splurge when it comes to acquiring an ace-caliber starting pitcher, regardless of whether it's via trade or through free agency. This has been David ...
WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to ...
Consider someone who’s perfectly content with their office chair. It’s not ergonomic, it doesn’t have lumbar support, but it works. Then, during a meeting or a visit to a friend’s office, they sit in ...