Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.6% on a yearly basis in December from 2.4% in November, the US Bureau ...
Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a ...
Copyright 2025 The Associated Press. All Rights Reserved. Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock ...
Samuel Corum / Bloomberg via Getty Images The Federal Reserve held the federal funds rate steady at 4.25% to 4.5% on Wednesday, as financial markets widely expected. The Fed is entering a "wait ...
The nation's central bank held interest rates steady in its first decision of the year. On Wednesday, the Federal Open Market Committee announced that it would maintain the Federal Reserve's ...
Financial markets' reaction to the Fed's pause was largely muted given the move to hold ready steady was widely anticipated, with the S&P 500 index down about 0.4% and the Dow Jones Industrial ...
The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks. 8 Federal funds target rate 6 No change 4 The Federal Reserve left interest rates unchanged on ...
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8% ...
Shamim Chowdhury is a Newsweek reporter based in London, U.K. Her focus is on major international breaking news stories, in particular, conflicts, refugees and natural disasters. She has reported ...
Talented Nigerian fashion designer Oluwaseun Kuforiji popularly known as Koil Creation has crossed the 72-hour mark in an ongoing Sew-A-Thon. Koil has successfully hand-sewn 10 complete ...
China’s growth in research and development funding slowed for the third year in a row last year amid a shaky economic recovery, but investment intensity continued to rise at a steady pace ...