A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...

European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.

Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.

A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.