Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

WASHINGTON, Sept 19 (Reuters) - U.S. President Joe Biden said on Thursday he expects the Federal Reserve to continue cutting ...

The latest prime rate change is in response to the Fed's latest rate cut in 2024. The Fed cut interest rates by 50 basis points, resulting in a 0.50% prime rate decline the very next day.

In September 2024, the Federal Reserve cut rates for the first time in four years. The Federal Reserve does not set interest rates for banks, but it does set a federal funds rate. This is the ...

Israel carried out one of the most intense bombardments of the past year, as warplanes launched 70 airstrikes, Lebanese security officials said. The barrage came shortly after Hezbollah’s leader ...