On the same day as the official announcement, the independent outlet El Toque reported that its website, which reports on the informal exchange market, had been blocked on the Island following a ...

For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. The Federal Reserve reduced its key interest rate ...

The Federal Reserve lowered its benchmark interest rate by a quarter percentage point Wednesday, in an effort to support a weakening job market. But stubborn inflation and delayed economic data ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...

The Federal Reserve on Wednesday cut its influential interest rate for the third time this year, pointing to a job market that Chairman Jerome Powell said may be weaker than it appears. The cut of a ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...

President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. “I know who I am going to pick ...

Kevin Hassett has emerged as the clear frontrunner to replace Jerome Powell as Federal Reserve chair next May, a shift that could reshape U.S. monetary policy and affect global markets, particularly ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...