Spot gold price hit a new peak of $2,625 per ounce while the MCX gold rate ended at the ₹74,014 mark, ₹717 away from the ...

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Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...

Driven by the Federal Reserve’s 0.5% interest rate cut, two of the three major indices set new record highs this week.

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NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.

Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...

Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...