Philadelphia's transit system will increase fares by 21.5 percent starting New Year's Day and may cut services next summer.

Nov 13 (Reuters) - The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently ...

(Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate ...

Philadelphia’s mass transit system is proposing a 21.5% fare increase starting New Year’s Day and also considering severe ...

The consumer price index may not have shown another month of cooling inflation in October, but economists believe enough ...

After having made "a great deal of progress" in bringing down inflation from 40-year highs, Logan said in remarks prepared ...

The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...

SEPTA officials are set to propose a "historically high fare increase" and "major service cuts" as the agency grapples with a ...

The Fed’s benchmark federal funds rate influences the cost of borrowing for individuals and businesses. In theory, with the two cuts already in place and Wall Street assigning a ...

"Dollar saw an increase in residential and consumer activity when long-term rates fell below 6.5% in late summer ahead of the ...

For 2025, the lineup of policymakers that comprise the Federal Open Market Committee (FOMC) looks stable. The normal rotation ...

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...