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The Fed did what everybody expected them to do, by cutting their target rate by a quarter of a point

Jerome Powell refused to comment on President Donald Trump's search for his Federal Reserve replacement, saying the process doesn't affect his current chair role.

The task force would better streamline intelligence obtained across agencies at every level of government, officials said.

The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.

The Federal Reserve cut interest rates by a quarter percentage point on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

An El Salvador native with a criminal history wounded four officers in a Nebraska shooting spree. ICE released a photo of the suspect, who entered the U.S. illegally in 2007.

A lack of clarity on future interest rate cuts under Jerome Powell's leadership has placed a damper on a Bitcoin price rally, analysts say.

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Federal Reserve cuts interest rates in divisive vote The Federal Reserve cut interest rates Wednesday in an unusually narrow…

Federal Reserve monetary policy may benefit stocks, but BTC options show the short-term odds of Bitcoin rallying to $100,000 remain slim.

The central bank lowered its target rate on Wednesday afternoon in what some are describing as a “hawkish cut.” Interest Rates Drop: What’s Next for Bitcoin? Even before Fed Chairman Jerome Powell took the stage on Wednesday afternoon, the…

Biotechs are instead spending their time advancing the kind of smart science that will catch the eye of cash-rich pharmaceutical companies.

Skyworks Solutions is pushing the Federal Circuit to ignore a Chinese company's challenge to new U.S. Patent and Trademark Office policies on when patent reviews can be denied, saying the dispute should be tossed the same as other similar…

The Federal Reserve voted to cut its benchmark interest rate on Wednesday. This was the Fed's third rate cut since September, but policymakers signaled they expect to make fewer rate cuts next year.

The S&P 500 index narrowly missed a fresh record close Wednesday and the Dow Jones Industrial Average finished with strong gains after the Federal Reserve’s decision to deliver a final quarter-point rate cut for 2025, which gave investors…

Fed cuts rates to lowest level in years as three members voters oppose move in biggest dissent since 2019