Government workers are reeling after President Donald Trump’s administration presented a “payout” to federal employees ...
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
U.S. stocks ended higher on Thursday as investors digested a stack of key earnings reports, with upbeat comments from Tesla ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The Fed left the rate unchanged as expected, while the ECB slashed the interest rate by 0.25 percentage point, " Alexander Shepelev noted ...
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo ...
WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for ...
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Wall Street shares were slightly higher on Thursday, as investors cheered earnings from Meta , but were disappointed by ...
The U.S. economy grew 2.5% last year, slower than in 2023 but still at a solid pace thanks to strong spending by American ...