Federal Reserve

Mortgage holders are hoping Australia’s central bank will copy the US Federal Reserve’s cash rate cut, but the treasurer says the economic environment is different. For the first time in…

A Russia-linked gang has allegedly hacked into the US Federal Reserve and is threatening to reveal US back-end secrets if they do not receive a ransom. The group, known as…

As Americans struggle with the devastating cost of living crisis, some families have considered moving to more affordable states. An estimated 8.2 million people will move from one state to…

Jamie Dimon, head of the world’s largest bank, JPMorgan Chase, has said he cannot rule out a “hard landing” for the US economy. A “hard landing” occurs when a marked…

One major city has emerged as a standout winner in the war on inflation, with prices rising at a much slower pace than other areas of the US. Consumer prices…

With soaring home prices and rising mortgage rates, Americans who are eager to call a property their own have been locked out of the ability to purchase a home. But…

The wealth gap between white families and households of other races has widened by more than a million dollars, startling new statistics show. The data comes directly from the Federal…

Warren Buffett has said he expects the US government to raise taxes rather than cut spending. The statement, issued Saturday, comes as the United States is hard-pressed to address a…

Six months before the presidential election, hidden in the stock market there may be clues about who will occupy the White House in January. Historically, the state of the U.S.…

Federal Reserve votes to keep interest rates stable in their current range Rates are currently between 5.25 and 5.5 percent, the highest in 23 years. It is the sixth consecutive…