The latest quarter-point cut will reduce the Fed’s benchmark short-term interest rate to a range between 3.75% and 4%, the lowest setting in three years and down from a peak of around 5.4% that the ...

WASHINGTON — Further changes to the Federal Reserve's short-term interest rate will need to be "finely tuned" to incoming data given the risks to both the U.S. central bank's employment and inflation ...

Car buyers in the United States are facing one of the most expensive markets in recent memory, and the data is starting to show just how steep the climb has become. More than 80 percent of new car ...

1407 GMT – The dollar trims losses while Treasury yields rise after U.S. GDP data shows stronger-than-expected growth in the third quarter. The U.S. economy expanded at an annual rate of 4.3% in the ...

It was one Christmas visitor that didn’t overstay its welcome. A Burmese python that had been spotted in a Miami-Dade neighborhood was removed just days before Christmas after a resident out for a ...

An ethics complaint filed against Frederick City Council Member Katie Nash alleges she had a conflict of interest in lobbying for companies in the data center industry while also working on data ...

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market. By Colby Smith ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

WASHINGTON, DC - JUNE 18: Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC. Despite President ...

Stocks seesawed at the open on Wednesday, with the focus on the energy sector amid a jump in oil prices. Focus also remains on economic data, interest rates, and earnings, with global markets also ...

To provide a framework for understanding data center water use, The Green Grid has established a practical metric—Water Usage Effectiveness (WUE), measured in liters per kilowatt-hour of IT load, and ...

Fox Business Network’s Dagen McDowell horrified her co-hosts on The Big Money Show on Friday when she urged them to free up land to power AI data centers by purchasing fake Christmas trees. Her ...