The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted mildly to FOMC statement. Read more here.

Your hosts wrote exactly one year ago that Congress was facing pressure to address sky-high costs for homeowners and renters — but that there was no clear path to a bipartisan compromise.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic ...

Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal ...

HONG KONG (Reuters) - The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by ...

Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...

NEW YORK (Reuters) - The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the ...

Toyota's most-loved model offers strong economy, useful features, and refined style in a package that threatens the Camry's ...

U.S. Federal Reserve Chair Jerome Powell holds a news conference after a meeting of the Federal Open Market Committee (FOMC) ...

Trump and his GOP allies are readying an ambitious agenda that includes increased deportations of immigrants, higher tariffs ...

The Federal Reserve announces its decision on interest rates at 2 p.m. Fed Chair Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial ...