The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...

In a closed Hendersonville Road gym in South Asheville, families with young children are still living in the emergency shelter after Helene.

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence ...

US STOCKS finished lower on Friday, as traders contemplated a slower path of rate cuts in the wake of comments from Fed Chair ...

Stocks turned lower in afternoon trading, and that pressure continued through Friday. The S&P 500 fell as much as 1.6%, and ...

The Canadian dollar sank below 71 cents U.S. Friday for the first time since mid-2020, breaching a level that some analysts see as a “psychological barrier” and bringing a sub-70 cent loonie closer ...

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

Taking a closer look at the operating segments, AWS (Amazon Web Services), grew 19% year on year, in line with analysts' estimates, while operating margin beat handily. Notably, AWS reached a revenue ...

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...