The person of interest detained in connection with the Brown University shooting, identified by law enforcement sources as Benjamin Erickson, is a decorated soldier who had served in a position at ...

Mortgage rates have been largely unchanged. The Federal Reserve slashed interest rates a quarter of a percentage point this week, delivering its third rate cut since September. The policy brightened ...

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The Federal Reserve lowered its benchmark interest rate by a quarter percentage point Wednesday, in an effort to support a weakening job market. But stubborn inflation and delayed economic data ...

The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

The central bank’s decision to lower interest rates for a third straight meeting was highly contentious, reflecting an internal divide that will likely limit how much borrowing costs will fall next ...

Anticipation over a Federal Reserve interest rate cut, which was barely registering a few weeks ago, is now growing to a fever pitch. Following an unemployment report that showed the rate increasing ...

The Federal Open Market Committee will meet Dec. 10 to decide whether to continue cutting short-term interest rates, following a 0.25 percentage point reduction in October, or hold the federal funds ...

NEW YORK, Nov 26 (Reuters) - Conflicting signals from the Federal Reserve on the timing and magnitude of U.S. interest rate cuts have accelerated hedging flows into swaptions and derivatives tied to ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...