After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

If you receive Social Security benefits, you are getting a Cost of Living Adjustment (COLA) this year. This means your retirement benefits check is going to be bigger than it was before. That’s the ...

By Hiran H.Senewiratne The latest projections have indicated deeper deflation than previously projected, mainly due to the ...

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.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

The South African Reserve Bank (Sarb) cut its repo rate by 25 basis points (bps) on Thursday for the third consecutive ...

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported that 2024 was a record year for air cargo, beating the previous ...

Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Tech stocks ...