The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...

Economists at the University of Michigan in Ann Arbor say they expect the city of Detroit’s economic picture to return to growth this year after a “challenging” 2024, as monetary policy eases and ...

The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...

President Donald Trump’s second week in office seemed to deliver a daily dose of shock therapy for the country.

The tariffs on Canada, Mexico and China that Trump announced would have a significant impact on the U.S. economy and ...

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...

Mostly cloudy with a slight chance of a light snow showers Falling temperatures into the upper 20s by the evening. Winds: WNW 20-30 with gusts to 35+ mph.

Even as more bus routes, better service, and improved dialogue around transit highlighted 2024, divided government and ...

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state ...

Credit data likely to be considered at a two-day Federal Reserve policy meeting that begins on Tuesday may show pumps primed ...