Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.

A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.

Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates.After three months of reductions, the Fed decided to keep the key interest rate target

The Fed is likely to hold rates until June, while Trump will push for a rate-cut sooner Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather ...

A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo announcing the suspension.

Mystery drones over New Jersey were authorized by the Federal Aviation Administration with the full knowledge of the Biden administration, White House Press Secretary Karoline Leavitt announced on Tuesday.

The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...

President Trump says the the 30,000-person facility for undocumented migrants will house "the worst criminal illegal aliens".

Your hosts wrote exactly one year ago that Congress was facing pressure to address sky-high costs for homeowners and renters — but that there was no clear path to a bipartisan compromise.