Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and ...

During his campaign, President Donald Trump focused quite a bit on fixing inflation for Americans, allowing them to buy basic necessities. Now that he is in office, Trump plans on decreasing interest ...

Gold futures set a fresh record on safe-haven demand and low U.S. dollar and Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.

Treasury yields decline after the Fed paused interest-rate cutting yesterday and amid mixed U.S. indicators. Weekly jobless claims fall to 207,000 from 223,000, indicating that labor markets remain ...

A strong employment market, high government spending and weak Aussie dollar could keep the RBA from pushing the button on rate cuts.

Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...

The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.

During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...