Sterling was on track for its steepest weekly fall since January 2023, at roughly 2.4%. It was last down 0.38% at $1.2620. The pound showed little reaction to data showing Britain's economy contracted ...

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

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.5% in the morning session after the major indices declined, with the Nasdaq down 1.9%, while the S&P fell 1.12% as ...

Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...

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

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

The largest digital asset slid below $87,000 at one point on Friday after Federal Reserve Chair Jerome Powell said there was ...

Import prices rebounded 0.3% last month after an unrevised 0.4% decline in September, the Labor Department's Bureau of Labor ...

Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies ...

October sales, excluding auto and gas, rose just 0.1%, below consensus estimates for a 0.3% increase. The control group in Tuesday's release, which excludes several volatile categories and factors ...

The U.S. central bank has lowered interest rates by 0.75 point since September.

Berkshire Hathaway buys Domino’s Pizza stake, Amazon makes move into cheaper drugs, and more news to start your day.