Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...

Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Trump Taps Matt Gaetz for Attorney General, a Provocative Move President-elect Trump plans to nominate the Florida congressman, among a flurry of personnel announcements as Republicans neared ...

The federal funds rate, or fed funds rate, is the interest rate set by the Federal Open Markets Committee (FOMC). After the Fed sets it, the federal funds rate becomes a basis for interest charged ...

Former Democratic congresswoman Tulsi Gabbard has been appointed as the director of national intelligence by US President-elect Donald Trump. Gabbard, who switched to the Republican Party, is a ...

India is seeking the extradition of Khalistani terrorist Arshdeep Singh, known as Arsh Dalla, from Canada following his arrest after a shooting incident in Milton, Ontario. Dalla, a proclaimed ...

A documentary made by TMZ and released on the streaming service Tubi includes several new revelations about Sean “Diddy” Combs and the allegations piling up against him, including a claim from ...

CNET Survey: Holiday Shoppers May Have $291 in Deliveries at Risk of Theft ...

In a heartbreaking discovery, a young olive ridley sea turtle was found dead, entangled in fishing debris on Phuket’s Pak Phra Beach. Officials from Thailand’s Department of Marine and Coastal ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

On Wednesday, Facebook co-founder and Meta CEO Mark Zuckerberg surprised fans with a new song. He teamed up with singer T-Pain to create a cover of Lil Jon’s famous track “Get Low.” The result has ...