The heads of the U.S. central bank defied calls from President Donald Trump and his allies to cut the benchmark interest rate ...

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Kelly Osbourne and older sister Aimee Osbourne reunited at their dad Ozzy Osbourne’s funeral after a years-long estrangement.

Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will ...

The Federal Reserve is holding the interest rate steady at 4.3% for the fifth time this year. "In support of our goals today, ...

Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...

Most U.S. stocks slipped on Wednesday after doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September. The S&P 500 edged down by 0.1 ...

Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...

The dollar's rally overnight came after the Fed failed to hint at a September rate cut despite prior market pricing, StoneX's Matt Simpson said. Powell reinforced the hawkish tone, warning at his ...

The firm brought in $1.6 billion from outside investors for its fifth main growth fund and separately promoted dealmaker Sri Rao. The credit-card company reported increases in profit and sales in the ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Even though the Federal Reserve chairman said the labor market was very strong and the economy is in relatively good shape, the U.S. banking system said Wednesday it would not lower interest rates.