The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Federal Reserve Chair Jerome Powell highlighted the strength of the U.S. economy in a speech, emphasizing that robust growth ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
The Nasdaq and the S&P 500 were set for their worst session in over two weeks on Friday, after comments from Federal Reserve ...