US Economy

WASHINGTON – The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than […]

U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines, but remained

WASHINGTON – U.S. business inventories increased slightly more than expected in July, suggesting that inventory investment could contribute to economic

The U.S. economy is not in a recession. However, labor-market weakness might worry the Federal Reserve enough to cut interest

WASHINGTON – Production at U.S. factories surged in August amid a rebound in motor vehicle output. However, data for the

On Tuesday, traders kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point

WASHINGTON – U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than

NEW YORK – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects

NEW YORK – Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have

Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation

LONDON – When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the

The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading

On Friday, Goldman Sachs said it continues to call for a quarter percentage point easing at next week’s Federal Open

NEW YORK – The Federal Reserve is in focus next week, as uncertainty surrounds how much the U.S. central bank

WASHINGTON – U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over

NEW YORK – U.S. consumers’ late payments on credit cards and other loans are starting to level off in recent

SINGAPORE – Bill Dudley, the former New York Federal Reserve President, said there was a strong case for a 50

WASHINGTON – U.S. mortgage rates dropped this week on expectations that the Federal Reserve would start cutting interest rates next

U.S. household wealth rose last quarter to $163.8 trillion, a fresh record, driven by gains in real estate values and

WASHINGTON – On Thursday, the International Monetary Fund said it was appropriate for the U.S. Federal Reserve to begin a

WASHINGTON – The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the

WASHINGTON – U.S. producer prices increased slightly more than expected in August amid higher services costs, but the trend remained

WASHINGTON – The number of Americans filing new applications for unemployment benefits increased marginally last week, pointing to a still-low

U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday