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Finance

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a...

Finance

Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and...

Finance

Here’s why the U.S. retirement system isn’t among the world’s best

Mixetto | E+ | Getty ImagesThe U.S. retirement system doesn't get high marks relative to other nations.In fact, the U.S. got a C+ grade...

Finance

Are immigrants taking jobs from ‘native’ U.S. workers? Here’s what economists say

The first debate between Vice President Kamala Harris and former President Donald Trump is shown on television at the Juventud 2000 migrant shelter in...

Finance

49% of workers think they can meet their retirement goals — 35% say they will need over $1 million to retire comfortably

By some measures, retirement savers, overall, are doing well.As of the second quarter of 2024, 401(k) and individual retirement account balances notched the third-highest averages on...

Finance

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

US Federal Reserve Governor Michelle Bowman attends a "Fed Listens" event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.Eric Baradat...

Finance

House may force vote on bill to eliminate rules that reduce pensioners’ Social Security benefits

Cavan Images | Cavan | Getty ImagesHouse lawmakers in Washington have the signatures they need to force a vote on a bill to eliminate...

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