The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%. Inflation has proven ...

Weather drawing by Isaiah of Mrs. Wing's and Mrs. Meyer's first grade class at Harrison Elementary School. Attention teachers: Don't forget to submit your students' weather drawing to the Brainerd ...

• 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 Fed cut rates at its last meeting of the year The Federal Reserve cut rates by a quarter-point Wednesday afternoon in alignment with expectations. Business Insider is covering developments live ...

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The ...

Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...

The Federal Reserve announced it will cut interest rates by a quarter-point. The central bank also shared its forecast for inflation and unemployment. BI's economy and markets teams explained what the ...

The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. By Colby Smith As if the Federal Reserve’s decision about interest rates ...

The US Federal Reserve again lowered its interest rate by a quarter percentage point yesterday—for the third time in a row—to bring it to the lowest level in three years. But it was a split decision: ...

Bitcoin has erased all of this year's gains and investors are nervous. Fed tone will impact prices as much as (if not more than) the rate decision itself. Look to the long term -- cryptocurrencies ...