Fed made biggest rate cut in a decade. That may not be enough for stocks
Experts question if lower interest rates are the right medicine for the disease that's sickening financial markets.
Federal Reserve
Fed slashes interest rates to protect economy from coronavirus
It's the biggest rate cut since the 2008 financial crisis — central bank says the virus poses "evolving risks."
Stocks jump as Wall Street looks to Fed to offset outbreak
The Dow jumped on Monday after central bankers vowed to provide support if the coronavirus outbreak hits the economy.
Fed chief: Economy resilient despite coronavirus risk
Jerome Powell says economic growth is holding up, bolstered by the lowest jobless rate in nearly 50 years.
Federal Reserve: Coronavirus could sicken global economy
Central bank warns of economic fallout from epidemic, but says U.S. remains on track for solid growth.
Fed signals no interest rate cuts in 2020
The majority of Fed's rate-setting body expects interest rates to hold steady next year as economy continues growing.
Paul Volcker, Fed chair who fought runaway inflation, has died
As Federal Reserve chairman, Paul Volcker raised interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation.
Trump announces tariffs on metal imports from Brazil and Argentina
President Trump tweeted Monday that he will immediately reinstate tariffs on steel and aluminum imported from Brazil and Argentina.
Trump and Powell get together to talk interest rates
Jerome Powell visits White House for a chat with the president who has called U.S. central bankers "boneheads"
Powell hints to Congress: No more rate cuts this year
Central bank sees U.S. economy growing at solid pace, although slower growth overseas and trade tensions pose risks
Fed cuts interest rates for the 3rd time this year
U.S. central bank lowers borrowing costs for a third time this year, but signals it's the last cut for some time
U.S. economic growth slows to 1.9% in the third quarter
Yet the economy grew faster than economists expected, fueled by healthy consumer spending
S&P 500 reaches all-time high as investor fears recede
Financial markets are buoyed by expectations of an interest rate cut this week and hopes for a U.S.-China trade deal
Average retail card card APR surges to 26%, new study finds
The interest rate at which banks borrow has fallen, but that hasn't curtailed the costs of using store-branded plastic
How savers can deal with falling interest rates
As the Federal Reserve trims interest rates, here are four ways to maximize the return you get on your savings
Fed rushes to plug cash shortage in short-term loan market
Central bank has had to inject $200 billion into the banking system this week alone, though experts say not to worry
Fed cuts interest rates for second time in seven weeks
Fed shows it's willing to chop rates to ease the effects of U.S. trade wars, and would cut more if tariffs escalate
Why the Fed is likely to trim interest rates further
Trade war jitters, a manufacturing slowdown and other factors point to a second rate cut this year by the Fed
Ex-Fed official says central bank should stop enabling Trump
William Dudley, former head of the New York Fed, calls the China trade war a "manufactured disaster-in-the-making"
Trump's trade policy a big problem for the Fed, Powell says
Federal Reserve Chairman Jerome Powell said interest-rate cuts can't offset the impact of trade tensions
The Fed says trade is main reason U.S. economy is slowing
While President Trump blasts Jerome Powell for slowdown, Fed officials put the blame squarely on trade tensions
Why the "inverted yield curve" is fueling recession fears
Although bond investors are increasingly pessimistic about the economy, a major downturn could still be years away
Trump tariff takes aim at two foes: China and the Fed
White House's latest China tariff threat intended to scare central bank into more interest-rate cuts, analysts say
What the Fed's first rate cut since 2008 means for your wallet
Expect relatively quick drops in rates for home-equity loans, credit card rates and, alas, many savings accounts
Fed lowers interest rates for first time since 2008
A quarter of a percentage point drop in a key Fed interest rate comes after years of disappointing economic growth
SNAP rulings ease shutdown pressure as Thune rebuffs Trump call to end filibuster
A pair of federal judges ruled the government must tap into a contingency fund to make SNAP payments.
President Trump sits down with 60 Minutes
President Trump's interview with Norah O'Donnell airs Sunday, Nov. 2, on 60 Minutes.
Judges say Trump administration must keep paying some SNAP benefits
Two federal judges on Friday said the Trump administration must tap into contingency funds to make SNAP payments during the government shutdown.
FBI says "potential terrorist attack" thwarted in Michigan, 5 arrested
In a social media post, FBI Director Kash Patel said multiple people who were allegedly plotting a violent attack were arrested in Michigan.
Judge orders arrest of ex-Green Beret tied to failed Venezuela raid
Jordan Goudreau was arrested last year on weapons smuggling charges tied to the failed coup attempt undertaken during the first Trump administration.
Epstein cultivated celebrity relationships, even as his arrest neared
Jeffrey Epstein's schedule, flight logs and personal calendars detail his connections with high-profile people including Woody Allen and leaders in finance and public affairs.
Get ready to fall back: Daylight saving time ends tonight
Daylight saving time ends on Sunday, Nov. 2, 2025, at 2 a.m., when the clocks "fall back" and we gain an hour.
Satellite images reveal "mass killing" persists in Sudan, researchers say
Since the fall of Sudan's El-Fasher, reports have emerged of summary executions, sexual violence and abductions.
Dodgers force Game 7 in World Series after defeating Blue Jays in Toronto
The Los Angeles Dodgers have forced a Game 7 in the World Series after defeating the Toronto Blue Jays, 3-1.