Economy

Federal Reserve officials hit the lecture circuit on Wednesday with the aim to convince investors that their new policy strategy would be helpful for the economy over the longer term.…

The Federal Reserve kept its key policy rate unchanged Wednesday and said it would keep interest rates near zero for at least the next three years, a much longer period than analysts' had…

U.S. companies added to their ranks in August, pushing the unemployment rate below 10% for the first time since the pandemic began, though the economy is still out some 11.4 million jobs…

The Federal Open Market Committee on Thursday announced that it has approved significant changes to its written policy strategy that are widely seen as leading to an easier monetary policy…

The U.S. death toll from COVID-19 topped 100,000 Wednesday, according to a running tally maintained by Johns Hopkins University’s Coronavirus Resource Center. The grim milestone came less…

Mortgage rates in the United States have fallen to the lowest level ever on the heels of concerns stemming from the coronavirus outbreak. The 30-year fixed-rate mortgage dropped to 3.29%…

The Federal Reserve, in a rare inter-meeting move, on Tuesday cut its benchmark interest rate to counter the threat to the economy from the coronavirus epidemic. In a statement, the Fed…

A funny thing happened to the U.K. election rally — it’s fizzled out. The election of the Boris Johnson-led Conservative Party has put an end to three years of crippling deliberation over…

The outbreak of coronavirus, now known as COVID-19, could affect the recently signed "phase one" trade agreement between the U.S. and China, a top White House official said Tuesday. White…

The U.S. central bank should keep its benchmark interest rate unchanged for the time being, as growth is in a good place and inflation should hit the central bank’s 2% annual target, two…