The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the ...

Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week. The core consumer price index, excluding the often volatile food and energy ...

BENGALURU, Sept 11 (Reuters) - The Federal Reserve will cut its key interest rate by 25 basis points on September 17 as labor market softness overshadows inflation risks, said almost all 107 ...

Novo Nordisk, the maker of in-demand drugs Ozempic and Wegovy, said it will cut thousands of global jobs to simplify operations and reallocate resources toward its diabetes and obesity drugs as rivals ...

Commerce Secretary Howard Lutnick indicated the Trump administration is looking to take a cut of the revenue generated by university patents developed through federally funded research. Lutnick in an ...

A leading trader on decentralized betting platform Polymarket, who goes by the name JustWakingUp, is wagering that the Federal Reserve (Fed) will cut interest rates by 50 basis points (bps) next week.

The weakening jobs market has changed the calculus for the Federal Reserve, which is tasked with keeping unemployment and inflation low. The deteriorating labor market will likely push the Fed to cut ...

Investors are eager for rate cuts, which are widely expected to be bullish for stocks. But JPMorgan sees a rate cut at this month's Fed meeting as a potential negative catalyst. Markets are pricing in ...

The digital asset rallied toward the $3.00 threshold on explosive volume before consolidating, as traders positioned around upcoming macro catalysts and ETF rulings. Support has held firm above $2.88, ...

We’re a week out from the September meeting, when the Federal Reserve will decide whether to cut interest rates to stimulate the economy. But before that decision, we get one more round of official ...

Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut next week. The shift is encouraging ...

Microsoft said Saturday that clients of its Azure cloud platform might experience increased latency after multiple undersea cables were cut in the Red Sea, as reported by Bloomberg. In a status update ...