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

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

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

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 ...

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald ...

"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 ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.