Fed Chief Jerome Powell says a March rate cut is not likely
Fed Chairman Jerome Powell said the central bank is unlikely to have enough confidence about inflation to cut rates as soon as March.
Fed Chairman Jerome Powell said the central bank is unlikely to have enough confidence about inflation to cut rates as soon as March.
The Biden administration announced on Wednesday that it will try to deliver student loan forgiveness to borrowers experiencing financial hardship.
Online retailers Temu and Shein, which are both based in the China region, helped contribute to Meta's ad rebound in 2023.
A fund intended to pay the legal bills of allies of Donald Trump has raised more than $1.5 million and spent just under $400,000, new records show.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in December.
As the Federal Reserve sets the stage for rate cuts later this year, here's what that means for your credit card, mortgage rate, auto loan and savings account.
Gregg Renfrew built Beautycounter into a billion-dollar brand. She sold a majority stake, then lost her role as CEO, only to reclaim it a year later.
Adidas won't write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitism.
Microsoft in May warned that Volt Typhoon was targeting U.S. cyber infrastructure.
The small sale does not change our belief in this medical equipment maker as a long-term play.
Shippers around the world are pushing back on increases from ocean carriers diverting from the Suez Canal, but for U.S.-bound cargo, costs are still rising.
Susie Wiles wooed Republican megadonors with a familiar message: Don't pay too much attention to Donald Trump's divisive rhetoric.
Biogen said its decision to drop Aduhelm, which had a polarizing approval and launch, was "not related to any safety or efficacy concerns."
When you hear about the number of Federal Reserve interest rate cuts being priced into the market, the data comes from the CME FedWatch tool.
A new bill aims to help young Americans build wealth by starting savings accounts for every child starting from birth.
Renting a home can be a smart financial move, especially with surging home prices driving up homeownership costs in the last few years.
Jeffrey Smith's activist fund encouraged GoDaddy management to provide detail on improvements and free cash flow generation a few months after its first letter.
The investment in the PGA Tour comes as the professional golf organization's merger with the Saudi-backed LIV Golf is up in the air.
Novo Nordisk, Europe's largest company by market capitalization, on Wednesday reported better-than-expected 2023 earnings.
Meta has been hit with a number of lawsuits in recent months over the well-being of children on its apps like Facebook and Instagram.
The Bank of England is expected to hold interest rates at 5.25% on Thursday, but markets will be closely watching voting patterns, projections and language.
Meta CEO Mark Zuckerberg is testifying at a hearing about child sex exploitation online. His Facebook and Instagram sites are the target of related lawsuits.
Walmart already has a massive footprint, with more than 4,600 stores across the country.
Starbucks executives said the challenges faced by the company are "transitory."
The RSV shot, called Abrysvo, booked £1.2 billion, or $1.5 billion, in sales after only being on the market for roughly half a year.