See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.

There are two types of federal funds rates: The federal funds effective rate: The weighted average of all the interest rates banks pay when they borrow from other banks in the country. The federal ...

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

Stock Market Today: S&P 500 closes at record high as jobs data stoke Fed-cut bets By Investing.com - Jul 05, 2024 Investing.com-- The S&P 500 closed at record highs Friday on bets that Federal Reserve ...

Yet the nation’s wage floor has stayed stuck at $7.25 an hour. That is poverty pay, and an increase to the federal minimum wage is long overdue. It’s mind-boggling that Congress has gone so ...

Some, including Executive Board member Isabel Schnabel, have warned that wage growth may pick up again in the third quarter. But there’s also hope of further moderation down the line. ECB Chief ...

The cooling jobs figures underscore why the Federal Reserve is set to cut its key interest rate when it next meets Sept. 17-18, with inflation falling steadily back to its target of 2 percent.

The state-by-state breakdown is detailed below, including the difference in wages between men and women, and the average annual salary of the major capital cities. The average weekly ordinary time ...

ANN ARBOR, Mich. -- President Joe Biden on Friday signed an executive order for federal grants that will prioritize projects with labor agreements, wage standards, and benefits such as access to ...

The federal government has settled a historic stolen wages class action in the Northern Territory for up to $202 million. The class action was brought by Minnie McDonald, on behalf of thousands of ...