The Federal Reserve will cut interest rates this afternoon and again in December to try to counter weakness in the labor market. said David Mericle, chief U.S. economist at Goldman Sachs. "I think it ...

The Federal Reserve is widely expected to reduce the target range for its benchmark rate to 3.75%-4% later Wednesday. It would be the second small easing step in a row. Fed Chair Jerome Powell and a ...

Federal Reserve Chair Jerome Powell warns investors not to assume another interest-rate cut is coming in December, saying it's "not a foregone conclusion." On Wednesday, the Federal Open Market ...

Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for ...

Lawn-care pros cringe at how homeowners often cut their grass — way too short. Scalping a lawn is bad news because it repeatedly reduces the vegetation that’s trying to build energy to fuel the roots ...

Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ...

Applied Materials Inc., the largest US producer of chipmaking equipment, plans to cut 4% of its global workforce as it copes with a sales slowdown and trade turmoil. Related Articles Intel sells empty ...

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

ARRESTS AT THIS TIME. SOUTH FLORIDA DEPUTIES ARE LOOKING FOR WHOEVER PULLED OFF AN ELABORATE HEIST. MARTIN COUNTY DEPUTIES SAY SOMEONE DUG A HOLE IN A MALL ROOF AND TOOK OFF WITH HUNDREDS OF SHOES.