When the Fed makes changes to the federal funds rate, it can greatly impact different banking products, like savings accounts, loans, mortgages, and credit cards. You can learn more about the FOMC ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

Central bankers held rates at a range of 4.25 to 4.5 percent, in line with market expectations. The decision was unanimous among the voting members of the Federal Open Market Committee (FOMC), the ...

“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...

Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates unchanged. USAID employees around the world will be placed on leave Friday ...

While the Crossbow underbarrel and belt-fed LMG magazines will no doubt have their uses, it’s the Full Auto Mod for the AEK-973 Marksman Rifle that’s caught the eye. Prior to the start of ...

A concealed-carry handgun is an important tool. You need something that you can use effectively and, more importantly, carry every day comfortably. Go to any gun store and you’ll see that the options ...

31, 2028. Powell took office as Fed chair on Feb. 5, 2018, after being nominated for that post by then-President Donald Trump and confirmed by the U.S. Senate. His four-year term as Fed chair ...

Sony's declaration to enter the electric vehicle (EV) market with its groundbreaking model, Afeela 1 comes as a surprise to many. Launched at CES 2025, Afeela 1 marks a new aggressive push from ...

WASHINGTON, DC - DECEMBER 13: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news ... [+] conference at the headquarters of the Federal Reserve on December 13, 2023 in ...

The Fed's projections point to two more rate cuts in 2025, but Wall Street thinks there might only be one. Lower rates are good for the stock market, but investors should brace for some short-term ...