The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.

What caused some to take note was the perceived reason for the depth of the cuts. While inflation has long been seen as the ...

By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...

Conversely, any sign of hesitation or disappointment in the Fed’s outlook could trigger a market correction. For long-term investors, the outlook remains straightforward: there’s no need for ...

Sean Stevenson, 58, was sentenced to 10 years in federal prison ... to her son since his arrest but wanted to be at the hearing so he would see her. San Diego U.S. Attorney Tara McGrath said ...

Billionaire John Paulson said the Federal Reserve has waited too long to cut interest rates and expects the central bank to lower them in the months ahead. He speaks to Bloomberg's Sonali Basak.

"We must not maintain a restrictive policy stance for too long," Bostic said in an ... half-percentage-point reduction. The Fed is trying to engineer a so-called "soft landing" for the economy ...

"We must not maintain a restrictive policy stance for too long," Bostic said in an essay released ... or a larger-than-normal half-percentage-point reduction. The Fed is trying to engineer a so-called ...