US STOCKS finished lower on Friday, as traders contemplated a slower path of rate cuts in the wake of comments from Fed Chair ...

The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...

Earlier this week, Fed chair Jerome Powell said the central bank was in 'no hurry' to cut rates, in part because of ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Stocks fell Friday, putting major indexes in the red for the week as the election-fueled rally that took stocks to a series ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...