A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...

US Retail Sales rose by 0.6% month-over-month in June versus -0.9% prior. This figure came in above the market consensus of 0.1%. Meanwhile, the annual Retail Sales climbed 3.9%, compared to a rise of ...

Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to support a labor market ...

The average rate on a 30-year US mortgage rose for the second week in a row, another setback for the country’s housing market, which is mired in a sales slump as affordability constraints shut out ...

Apart from the boost which an interest rate cut would provide for the speculators in financial markets, one of the factors in ...

The Waller speech comes as President Donald Trump intensifies pressure on the Fed to lower borrowing costs. The bills establish standards for stablecoins, lay out rules for crypto exchanges and ban ...

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains from the previous session and hovering around 98.50 during the ...

Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 climbed 0.5% to top its all-time ...

Experts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of ...