While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what ...

Musk – the richest person in the world with a net worth of $304 billion, according to Forbes – played a central role in ...

President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

We take a look at what Donald Trump's potential economic plans could mean for inflation, the Fed and Jerome Powell. Here's ...

The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...

At the Federal Reserve's November meeting, which wrapped up just two days after Election Day, officials unanimously decided ...

Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

Though some savings accounts have lowered rates after yesterday's Fed move, the nation's best high-yield option is holding at ...

Some 86 names in the S&P 500 hit new all-time highs, making them among the top stock gainers post-election. The Nasdaq 100 ...