KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.

The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, ...

U.S. stock futures were pointing to a lower start on Tuesday, as caution builds ahead of the week's important inflation data and Fed Chairman Jerome Powell's testimony. Dow Jones Industrial Average ...

While there are extremely accurate economic indexes that have successfully predicted recessions, there are also some pretty ...

Shipowners are growing uneasy, fearing that Trump’s suggestion of taking over Gaza could trigger a resurgence in Houthi ...

Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.

Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.

Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...

Tariffs help spur U.S. manufacturing by discouraging U.S. companies from importing goods made in countries with low ...

Once upon a time, the team then known as the Redskins pulled together shoe-shine guys and VIPs ... which this season included the likes of Federal Reserve Chair Jay Powell, then-Secretary of ...

She wore a wide-brimmed round hat of the same color and shoes that were also high ... the flat zone on the 11th (local time). Federal Reserve (Fed) Chair Jerome... Trump pressures Jordan king ...

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...