Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of ...

Wale Edun, minister of finance and coordinating minister of the economy, says the federal government had exited servicing its ...

Because the Fed is in a lose-lose scenario whatever it does: No matter how big or small the cut, it will produce more ...

Longer Reads provide in-depth analysis of the ideas and forces shaping politics, economics, international affairs, and more.

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...

If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...

Gadsden County leaders show drafted economic development plan to neighbors. The economic development plan shows indicators on ...

Detroit businessman Dan Gilbert shared his feelings on the mortgage business versus the real estate business, what's still on ...

Biden addressed the Economic Club of Washington ... calling it a “declaration of progress,” but not a “declaration of victory ...

Despite the 0.5% cut, the current rate is still relatively high and restrictive for many businesses, especially in capital-intensive industries like tire manufacturing, distribution and retail.

The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit ...

Sometimes stock prices increase even when current conditions suggest they should be falling. Find out more about this ...