Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
The US Department of Transportation is blaming the higher costs of new cars on recent regulations. The newly confirmed head ...
Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters.
U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve's first interest rate decision of 2025.
Federal Reserve meeting. The Fed paused as expected, citing a strong labor market and inflation still "elevated." Chairman ...