What To Watch From The Fed WednesdayFederal Reserve Chairman Jerome Powell will hold a news conference Wednesday, as the fed is expected to raise its key short-term interest rate again this year.
Feds Keep Benchmark Interest Rate Unchanged, Signal Future HikesPrivate economists expect the next hike to occur at the September meeting with a fourth rate hike expected in December.
Consumer Spending Up Solid 0.4 Percent In JuneThe gain in spending followed an even better 0.5 percent rise in May, which was revised from a 0.2 percent initial estimate, the Commerce Department reported Tuesday.
Trump Admin Promises To Retain Federal Reserve's IndependencePresident Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace.
President Trump Invites Putin To Washington For 2nd SummitThe news of a second summit comes as the White House is still trying to clarify what was said at the first meeting.
U.S. Consumer Borrowing Up $24 Billion In MayAmericans increased their borrowing in May at the fastest pace in a year and a half, boosted by a big increase in credit card borrowing.
How Will Latest Federal Reserve And Supreme Court Rulings Affect Your Wallet?With the Federal Reserve announcing it’s raising interest rates and the Supreme Court ruling states can impose sales tax on more online purchases, what does this mean for your wallet?
Rising Interest Rates Could Make It Tougher To Pay Off Credit Card DebtIf you're like most Americans, you're probably carrying some credit card debt.
Fed Finally Lifts Key Interest Rate From Near ZeroThe Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.
Hackers Target New York Post, UPI Twitter AccountsSome Twitter accounts for the New York Post and UPI, as well as the news agency's website, were briefly hacked Friday.
Brooklyn Native Janet Yellen Nominated To Head Federal ReserveYellen graduated from Brown and Yale and taught at Harvard, but Brooklyn Borough President Marty Markowitz said her trajectory to success began before she ever arrived as those distinguished institutions.
Stocks Close At Record High After Bernanke Allays Stimulus FearThe stock market closed at a record high after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy.