WASHINGTON — A policy divide within the U.S. central bank and a lack of federal government data may put another interest rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on Wednesday, as he acknowledged the threats…
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has…
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell says December cut in question amid Fed divides The Fed cut interest rates as expected, another reduction in December…
Fed chair Jerome Powell should be cheerleading Trump’s supply-side and pro-America policies, while waving cautionary flags about his tariffs. Instead, he's been a restraint on growth.
Prolific inventor Gilbert Hyatt said Tuesday the full Federal Circuit should rethink a panel's rejection of his challenge to a doctrine that can render a patent unenforceable based on delays the owner made during prosecution, arguing "the…
The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
I certainly hope a supply-sider will run the Fed. As Art Laffer has said again and again, tax something less and you get more of it. Tax something more and you get less of it.
The Federal Circuit on Wednesday said it won't rethink its refusal to send back to Texas federal court a pair of suits from a software company accusing Google and Amazon of patent infringement.
The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction at its next meeting fell after Jerome Powell, the central bank’s chair, said that officials held “strongly…
Federal Reserve Chairman Jerome Powell said that a lack of key data due to the government shutdown will cause the central bank to be cautious until it has a clearer view of the economy.