Hospitals are putting major expansion projects on hold and bracing for service cuts as new limits on Medicaid state-directed payments threaten to squeeze already tight finances. Making matters worse, ...

Anticipation over a Federal Reserve interest rate cut, which was barely registering a few weeks ago, is now growing to a fever pitch. Following an unemployment report that showed the rate increasing ...

Social Security's retirement trust fund is on a path to insolvency in less than a decade, which would leave retirees facing an automatic 24% cut to their benefits if the trust fund is depleted, ...

The nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the "Bank Rate," by 25 basis points rather than keeping it on hold. The voting is a reflection of the "finely balanced ...

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...

Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. The Federal Open Market Committee is broadly expected to cut interest rates to below 4% on ...

This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. The Federal Reserve announced Wednesday a quarter percentage point, or 25 basis ...

After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...

The Federal Reserve announced a highly anticipated interest rate cut Wednesday, a move indicating that concerns about a slowing labor market now outweigh ongoing worries about inflation. It's the ...