A union source says there will also be a (non-binding) vote on the winter fuel payment cut just before lunchtime. That vote ...

So will the Federal Reserve's larger-than-expected 50-basis-point rate cut on Wednesday make any difference for mortgage rates? Last week, mortgage rates fell to their lowest levels in more than ...

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

The Federal Reserve shapes the economy by adjusting the fed funds rate, which directly affects certain borrowing costs for consumers and businesses. Lowering rates tends to benefit those with ...

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell ...

The Federal Reserve lowered interest rates Wednesday by 0.5% — the first cut since 2020 and the largest reduction in 16 years. NBC’s Christine Romans joins TODAY to break down what the size of ...

The Fed delivered a jumbo-sized rate cut this week. The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal ...

U.S. stocks leaped to record highs Wednesday before fading after the Federal Reserve delivered an interest rate cut on the larger side of expectations, reducing its benchmark rate by 0.50 ...

The USPS location is being moved due tothe non-renewal ... Comments can go to the United States Postal Service, P.O. Box 27497 Greensboro, NC 27498-1103. For more local news delivered straight ...

Anna Moneymaker / Getty Images Now that the Federal Reserve has begun to lower its key fed funds rate, the question before policymakers is how fast and how far to reduce it in the coming months.

Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly ...

With the interest rate cut, the Fed declared the beginning of the end of the inflation fight. Harris likely won't claim victory and risk fueling Trump's narrative that the cut is partisan.