Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.

The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...

Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...

Secondly, it was a profit taking session on Wall Street with all the major indices recording losses overnight. Today, all ...

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...

Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...

Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate ...

In his remarks on Thursday, Powell said Fed officials simply need more policy clarity before they can start updating economic ...

Those ever-present TV drug ads showing patients hiking, biking, or enjoying a day at the beach could soon have a different ...

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...