Economic Indicators

The Democratic-controlled House has passed a $1 trillion spending bill that amounts to an opening bid in a guns vs. butter fight with the Trump administration.

Mexico’s Senate took the lead on Wednesday by ratifying a trade deal with the U.S. and Canada by a large margin.

President Donald Trump has awarded the Presidential Medal of Freedom to economist Arthur Laffer, whose theories on tax cuts have guided Republican policy since the 1980s.

The Federal Reserve seems poised to pivot from keeping interest rates steady to holding out the option of cutting rates if it were to decide that the economic expansion needs support.

General Motors is trying to avoid recalling potentially deadly Takata air bag inflators in thousands of full-size pickup trucks and SUVs for the fourth straight year, leaving owners to wonder if vehicles are safe to drive.

Korn Ferry CEO Gary Burnison talks to FOX Business about the U.S. economy and the 10-year agreement with the PGA Tour.

___ Fed leaves its key rate unchanged but hints of future cuts WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.

Mario Draghi is credited with saving the euro through decisive action as president of the European Central Bank.

Stocks rose modestly on Wall Street after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shore up the economy.

Laffer, a champion of lower taxes and tax cuts, is awarded the highest civilian honor.

State lawmakers raised the corporate tax rate in 2016, appearing to have accelerated a business exodus.

The latest on developments in financial markets (all times local): 9:35 a.m.

“I think the law is clear that I have a four-year term, and I fully intend to serve it,” Powell told reporters. 

The Federal Open Market Committee (FOMC) delivered its interest-rate decision on Wednesday, following a two-day meeting, leaving rates unchanged in the range of 2.25 percent - 2.5 percent.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:05 a.m.

Despite Powell's comments, traders currently are pricing in a 100 percent chance of a rate cut during the FOMC's July meeting. 

Fed leaves key interest rate unchanged but says uncertainties rising, signaling future rate cuts.

Auto companies are starting to get a handle on buggy infotainment systems, but advanced driver-assist systems are emerging as a problem area.

President Donald Trump boasted with abandon in launching his 2020 re-election campaign, overreached in excoriating his critics and promised progress on his border wall and health care that is improbable at best.