Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wounds are still fairly fresh," ...

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift ...

The Fed announced a cut of 50 basis points, or half a percentage point, as economists and the market closely watched the news, making the new federal funds range 4.75-5%.

The Federal Reserve lowered its benchmark interest rate by half a percent. The action will take the rate to between 4.75 ...

The Federal Reserve just cut interest rates by half of a percentage point. It's a significant change after keeping them high for over two years to control inflation.

NEW YORK (Reuters) -Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced on Wednesday about 74 basis points of additional interest rate cuts by ...

If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see unemployment go up,” Powell said, answering a question about the ...

Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective ...

The Federal Reserve cut its benchmark interest rate for the first time in four years. What does that mean for you?

For nearly a decade, the firm’s executives had seen that move as a step toward its goal of becoming a dominant force in the ...

The Federal Reserve moved aggressively Wednesday to start cutting interest rates as easing inflation fears give way to ...