WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of ...

Wednesday’s decision to keep rates steady wasn’t made unilaterally by Powell, but instead by all board members. Trump’s call for the board to “assume control” is already true, as the board already has ...

Senate Republicans demand that Federal Reserve Chair Jerome Powell lower interest rates after a subpar July jobs report, with ...

P resident Donald Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a new jobs report showed a ...

WASHINGTON >> U.S. employment growth was weaker than expected in July, while the nonfarm payrolls count for the prior two ...

Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...

ARMOUR Residential REIT focuses on agency mortgage-backed securities, with a small exposure to U.S. Treasuries. Read why investors may want to consider ARR's preferred stock.

President Donald Trump's latest executive order placing tariffs on many U.S. trade partners — the next step in his trade agenda that will test the global economy and alliances — says they'll go into ...

The U.S. economy has been showing clear signs of “hiring fatigue,” including in the July jobs report released on Friday, raising the question of how big a September interest-rate cut by the Federal ...

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

This past week has been strong for the U.S. Dollar Index DXY - its best since October 2022, in fact. It's a far cry from the first half of this year, when the index lost almost 11% - the worst ...