The Federal Reserve held interest rates steady this week, despite demands for lower rates from President Trump. The move comes as the Commerce Department reports modest growth in the U.S. economy.

The rebound in the dollar marks a reversal, even if it turns out to be brief, in what’s been a historically bad year for the ...

On July 30, 2025, the U.S. Federal Reserve chose to hold interest rates steady. Chair Jerome Powell cited high inflation and ...

Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics reported Thursday in an update to the Federal Reserve’s preferred gauge.

President Trump on Thursday said he was granting Mexico a 90-day reprieve on higher tariffs, saying he would extend Mexico's ...