People watch the Fed closely because its decision to change its FFR target affects financial markets and the economy in many ways.

The U.S. economy grew at an annualized rate of 3.8% in the second quarter in the government's final estimate, besting a 3.3% ...

Bitcoin hovers around $111K as markets await crucial U.S. inflation data that could determine the Fed's next interest rate ...

Consumer Reporter John Matarese explained that buyers and sellers have been waiting years for a rate cut. Mortgage rates stuck above 6 percent have kept many people on the sidelines. “It can be a very ...

Bitcoin slipped below $112,000 Thursday amid a broader sell-off in crypto and stocks. While the largest cryptocurrency declined 2%, , Solana and other coins saw larger declines in ...

MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought ...

Gross domestic product increased at an upwardly revised 3.8% annualized rate last quarter. GDP growth previously was ...

A group of former top economic officials filed an amicus brief with the Supreme Court, which is considering whether President ...

Revised GDP data from the Commerce Department puts second-quarter economic growth at 3.8%. That could complicate things for ...

The dollar gained against peers including the euro and yen on Thursday on news that the U.S. economy grew faster than ...

In a brief filed with the court, former Fed chairs and U.S. Treasury secretaries cautioned of erosion in public confidence in ...