Federal Reserve

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy

Americans are holding over $1 trillion in credit card debt, yet many are not quite sure what the monthly interest charge is, costing some spenders hundreds of extra dollars each month in addition to the monthly payment.

Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.

The average 30-year fixed-rate mortgage increased to 7.19% for the week ending Sept. 21, according to Freddie Mac's latest Primary Mortgage Market Survey.

High-yield savings accounts are offering attractive returns to some savers with the Federal Reserve holding interest rates at the highest level since 2001.

BlackRock's Rick Rieder told FOX Business' Liz Claman he sees the Fed raising interest rates one more time before holding steady and then cutting rates in the second half of 2024.

The Federal Reserve held interest rates steady on Wednesday for the second time this year, but the pause is unlikely to help Americans saddled with debt.

The Federal Reserve decided to pass on raising interest rates again in its latest meeting, but borrowers are still feeling pain. Here's what they can expect to pay.

The Federal Reserve paused its interest-rate hike campaign on Wednesday for the second time this year amid signs that inflation is continuing to moderate.

The Federal Reserve is expected to hold interest rates steady on Wednesday, but the decision may have minimal impact on bringing down high mortgage rates.

The Federal Reserve left interest rates unchanged for the first time in months, but mortgage rates are unlikely to fall despite the long-awaited pause.

Sentiment among U.S. homebuilders unexpectedly fell into negative territory in September as high mortgage rates weighed on consumer demand for new homes.

Economists expect the Federal Reserved to pencil in another interest rate hike this year, and hold rates at peak levels longer than previously projected.

Mortgage rates increased this week following rising inflation and signs of a growing economy. But you can still save more than $1,000 in monthly payments by comparing mortgage options from different lenders. Here’s what you need to know.

The recent spike in gasoline prices helped to drive higher U.S. retail sales in August, while consumers continued to spend more modestly on other items.

Inflation increased in August on an annual and monthly basis, but economists largely expected the jump. Here's what it means for you.

The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level, surged more than expected in August.

The Labor Department said the consumer price index showed that inflation ticked higher in August as price pressures in the economy remained unusually high.

The Labor Department said the consumer price index showed that inflation ticked higher in August as price pressures in the economy remained unusually high.