The federal funding memo's reversal comes after the original move caused chaos and confusion across the country, including in ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...

How does ‘pausing’ federal funding for school meals for disadvantaged children or programming for special needs children make ...

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local ...

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...

Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Investors echo this view, betting on one cut by the Fed’s ...

Mostly cloudy with a slight chance of a light snow showers Falling temperatures into the upper 20s by the evening. Winds: WNW 20-30 with gusts to 35+ mph.