Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make ...
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin ...
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 ...
The Federal Reserve is set to discuss interest rates this week, with no expected changes despite President Trump's calls for a rate cut. (Scripps News) ...
The Lunar New Year holiday, China’s most important festival, begins today and runs until Tuesday next week. Millions of ...
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be ...
US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.
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