Fed leaves interest rates unchanged with just one cut projected by the end of 2024
The Federal Reserve announced it would maintain the federal funds rate range at 5.25% to 5.5%, where rates have held steady since last July.
LARRY KUDLOW: Biden's massive spending is a real inflationary problem
FOX Business host Larry Kudlow shreds President Biden's inflationary economic agenda on Monday's "Kudlow."
House Republican proposes to put President Trump on $500 bill
Republican Rep. Paul Gosar of Arizona introduced legislation that would put former President Trump's portrait on a proposed $500 Federal Reserve note.
Yellen to warn of 'significant risks' of AI in finance while acknowledging 'tremendous opportunities'
Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.
Bipartisan oversight committee duo teams up to force presidents, close family to disclose finances
A bipartisan bill supported by Reps. James Comer, R-Ohio, and Katie Porter, D-Calif., would compel presidents to offer years of tax filings and force family members to be similarly transparent about their finances.
China levies sanctions against 12 US military-linked companies
China has taken measures against 12 U.S. companies with ties to the military in response to the U.S. arming Taiwan and sanctions on Chinese companies.
Boeing re-elects outgoing CEO as search for replacement continues amid safety culture crisis
Boeing's safety culture crisis has included multiple whistleblowers who have come forward after several incidents that have drawn public attention to potential issues with the company's planes.
Fed Chairman Powell tests positive for COVID-19
Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home while experiencing symptoms, according to his office.
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
The average 30-year fixed-rate mortgage was 7.02% for the week ending May 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
New survey sheds light on how small business owners are staying resilient amid uncertainty
A new survey of small business owners by Capital One found offered insights into how they deal with adversity and stay resilient despite the stresses that come with running a business.
US blocks some Intel, Qualcomm exports to China over Beijing's objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Fed Chairman Powell finds lowering rates too easy to swallow
Fed Chairman Jerome Powell made some of the right moves, but failed the delayed gratification test and signaled that he would lower rates. Why? He bowed to political pressure, of course.
Federal Reserve is giving your money away and it could destroy more than your wallet
The Federal Reserve went down a dangerous path after the 2008 financial crisis. It increased its balance sheet and made borrowing cheaper. The result is a $23 trillion spike in debt.
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
Former President Trump nets extra $1.8 billion of stock in his media company
Former President Donald Trump has been awarded an "earnout" bonus of $1.8 billion worth of stock in his newly public company, Trump Media & Technology Group.
Billions in US investment goes to Chinese firms linked to CCP military, human rights abuses
Billions of dollars in Americans' savings and investments are flowing to Chinese companies linked to China's military and human rights abuses, a congressional report found.
Rare $1 bills with printing error could be worth thousands: 'They're still out there'
Due to a printing error made by the U.S. Bureau of Engraving and Printing, you might have a rare dollar bill on hand that's worth thousands of dollars — check your wallets.
US first quarter GDP slows more than expected, but inflation keeps rising
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden must stop inflation denial and quit doing dumb things
Denial is almost a Biden policy when it comes to inflation. And inflation has been in the danger zone for 36 straight months and went up again in March. It's time to address it.