Legislation to more than double the federal hourly minimum wage from $7.25 to $15 is back, but this time it’s not a liberal Democrat leading the charge but a conservative Republican – Josh Hawley of ...

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst ...

WASHINGTON (Reuters) -Federal Reserve policymakers will begin a two-day meeting on Tuesday with escalating tensions in the ...

The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through ...

Central-bank officials, who meet this week, are in a holding pattern as they wait to see what worsens first: inflation or the ...

Even if the Federal Reserve thought a window had opened for it to resume its interest rate cutting campaign, there's a risk ...

Stocks, bonds and the dollar hang in the balance as shell-shocked financial markets brace for U.S. CPI inflation data.

Oil prices have resumed their upward climb and U.S. futures are lower after Israel's military issued an evacuation warning to ...

Unfortunately, even hard data may not help them get a clear picture of what’s going on in this economy. Members of the ...

US stocks closed higher as Iran aims to deescalate the clash with Israel. Oil prices eased. Fed meets on rates this week. No one expects a rate cut.

A prolonged Israel-Iran conflict could push oil prices sharply higher, potentially prompting the Federal Reserve to either ...