The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

The South African Reserve Bank has cut the repo rate by yet another 25 basis points, bringing it down to 7.5%.

An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.

Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.

Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters.

Economists expect that real GDP grew about 2.5% in the period, below the third quarter’s growth rate, due to a trade deficit ...

The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.