As America prepares to commemorate the 250th anniversary of the Declaration of Independence in 2026, many states are ...

WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Dec 18 but signalled a slower pace of cuts ahead, as uncertainty grows over inflation and US Presiden ...

It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...

The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...

The Dow Jones Industrial Average, one of the three U.S. stock indexes, plummeted a little over 1,100 points after the Federal Reserve on Wednesday suggested it would cut interest rates just twice ...

Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a ...

For the 13th year running, ABC News' "World News Tonight" is spotlighting small businesses across the country making and selling American-made products in its annual Made in America Christmas series.

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...

See you then. "Santa came early and dropped a 25 basis point rate cut in the market’s stocking but accompanied it with a note saying that there would be coal next year." That about sums up the ...

WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in policy, the central bank dialed back expectations for ...

Fed Chair Jerome Powell held a news conference after the central bank cut rates by a quarter-point. Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would ...