Economy News Americans Are Feeling Better About The Economy After The Fed’s Jumbo Rate Cut

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Is the Economy Getting Better or Worse? The Fed Says It's Hard to Tell

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Yesterday, the Federal Reserve announced that it was cutting ... Read More

What the second rate cut of the year means for your wallet

The Fed made its second interest rate cut of the year, and borrowers could soon start feeling relief. The Federal Open Market Committee opted for a quarter-point cut in its announcement on Wednesday. Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

Federal Reserve cuts rates to lowest level in three years

• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ... Read More

What the second rate cut of the year means for your wallet

The Fed cut interest rates in its October meeting for the second time this year. Rate cuts could ease mortgage and credit card borrowing costs for consumers. It could also become easier for companies ... Read More