Get the latest on Fed rate cuts, bank profits, and economic resilience. Discover what these trends mean for the U.S.

The Federal Reserve Open Market Committee on Wednesday decided to cut the central bank’s key overnight lending rate by a quarter of a percentage point, its first cut in nine months. Given the Fed’s ...

The Federal Reserve on Wednesday announced the first interest rate cut of the year as policymakers lowered its benchmark interest rate by 25 basis points, as signs of a weakening labor force ...