Federal Reserve prepares to cut interest rates for a third time this year

The Federal Reserve is expected to lower interest rates Wednesday for the third time this year ...

Recession-like carnage in US: 1.1 million workers laid off this year in one of the biggest job purges yet

The U.S. is seeing very high layoffs in 2025 as companies cut workers more often and in smaller waves. Experts say many ...
The Malaysian Reserve

US Fed cuts interest rate by 25 basis points

The US Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points ...

Job seekers get mixed messages from October job openings data

BLS data shows a surprising trend in job openings.

A divided Fed cuts interest rates again, as concerns about the job market outweigh fears of tariff-fueled inflation

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.

Fed lowers interest rates by 0.25 percentage points in third straight cut

The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.