U.S. Economy

Global wealth increased by the slowest rate in five years during 2018, but a new analysis predicts it will pick up again slightly over the next five years.

Traders think a rate cut could happen as early as July.

The Treasury Department officially squashed a key workaround last week.

A new study found the majority of contractors in the U.S. have a positive outlook for the year ahead -- and that could translate to overall economic growth.

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

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

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

“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.

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

Most economists anticipate the U.S. central bank will keep the benchmark federal funds rate at 2.25 percent to 2.5 percent.

Money is pouring in form all over the world.

U.S. homebuilding unexpectedly fell in May, but data for the prior two months was revised higher and building permits increased, suggesting that the housing market was drawing some support from a sharp decline in mortgage rates.

A decision on interest rates is expected Wednesday, followed by a press conference with chairman Jerome Powell.

Earlier in the day, Draghi said the ECB was ready to cut interest rates, if the economy needed it.

U.S. Trade Representative, Robert Lighthizer, testifies before a Senate panel on the status of the U.S.-Mexico-Canada agreement.

U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy.

More than twice as many Republicans as Democrats feel optimistic about the economy.

The U.S. trade agency begins on Monday seven days of hearings on proposed new tariffs on China.

Optimism ahead of the Fed's June meeting helped drive stocks higher.