The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first day of a two-da ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial industry.

In absolute nominal terms, the amount of lending that big US banks have done to private capital firms has risen by about 30x, from about $10bn in 2013 to $300bn in 2023.

Elizabeth Warren is losing it, reduced to becoming an irrelevant complainer who does nothing for her Massachusetts ...

A federal judge says he will continue to pause the Trump administration's federal employee buyout offer until he issues a ...

A federal judge extended his pause on the Trump administration’s “deferred resignation” program, which is part of a sweeping ...

U.S. District Judge George A. O’Toole Jr. said the pause would continue until he rules on a preliminary injunction.

Boston US District Judge George O’Toole Jr. said he would pause a deadline requiring all federal employees to either take the ...

Judge George O’Toole Jr. heard oral arguments on whether to grant a temporary restraining order on the decision faced by ...

Jayson Tatum took over with 40 points, helping to secure a blowout victory on the road. Jalen Brunson scored 36 points, but ...

The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.

The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...