Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...

A reduction days after the election would shift the focus to what could stop officials from cutting in December.

Richmond City Council on Tuesday night settled its protracted, two-month debate over the city’s real estate tax rate — opting ...

The 2024 Motor City Comic Con is Nov. 8-10 at the Suburban Collection Showplace in Novi. CBS News Detroit caught up with the Multimedia Makeup Academy.

Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential ...

The fact that wage growth eased last quarter even as the economy expanded solidly may give Fed policymakers added confidence ...

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high ...

The Federal Reserve announced a policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts, which reflect expectations of additional Fed ...

The central bank continued to ease, but a new administration in Washington clouds the outlook for future policy moves.

The Federal Reserve recently cut interest rates for the first time in four years. Interest rate cuts make mortgage, automobile and other loans more affordable. Economists expect more interest rate ...

The Federal Reserve cut interest rates by 50 basis points on Wednesday. The cut was largely anticipated and so it was already priced into the financial and other markets according to Darren Frye ...

If you’re retired or soon-to-be retired, how could the recent cut in interest rates by the Federal Reserve affect your finances? Unfortunately, there’s not a simple answer, because it depends ...