The central bank said it would replace references to the metric “with more specific discussions of financial risk.” Banks can still use the concept in their own risk management policies, the Fed said.

Malaysia is urging stronger ties between ASEAN and Switzerland to support regional peace, economic cooperation and the shift ...

The rustlings this week at the “Summer Davos” conference in Tianjin, China, were about navigating a future less intertwined ...

Trump's admonishments to Israel and Iran seemed to work. There is now a fragile armistice between the two countries. Oil prices fell. And so it goes.

You have to return to the office. But what about your boss? The rank-and-file are fuming over who gets to work from home.

The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that President Donald Trump's tariffs could push up prices.

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

The Fed is likely to stick to its "wait-and-see" mantra at Wednesday's policy meeting, setting it on a collision course with Presiden Donald Trump.

The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...

Disempowering the Fed just as concerns mount about tariff-driven inflation and surging public debt threatens a perfect ...