The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trump’s call for a “big” cut.
Fed Chair Jerome Powell faces his trickiest test yet Wednesday as he will try to tell America the economy is doing well -- but it needs a little boost from an interest rate cut.
A strong economy was supposed to be the centerpiece of Trump's reelection campaign, but the trade war and uneven growth are giving Democrats a chance to attack.
Middle-class income rose above $63,000 for the first time last year as more Americans found jobs and saw pay increases.
Long sidelined, black and Hispanic women are jumping into the workforce. Will they have time to make up lost ground?
Hiring was below economists’ forecast of 160,000, heightening fears that Trump’s trade war is starting to bite and the U.S. economy may be hitting a rough patch.
Trump wants the Fed to boost the economy by slashing interest rates, but Boston Fed President Eric Rosengren warns, 'This isn't a free lunch. There are costs.'
The U.S. economy is slowing and warning signs are growing, but a downturn isn’t inevitable yet
The Trump Organization could see large savings in payments it is making on roughly $345 million in loans, according to public filings and financial experts.
China accused President Trump of launching the “largest trade war in economic history.” That's not true. The 1930s (among others) were worse.