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

Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The ...

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...

The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.

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

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...

The Federal Reserve announced this week that it will maintain current interest rates, a decision that could keep loans and ...

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

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 ...