Economy

Investing.com — The Federal Reserve delivered a hawkish present to markets at its December meeting ahead of the holidays as the widely expected rate cut in December was served up…

WASHINGTON (Reuters) – The U.S. Senate on Wednesday passed the National Defense Authorization Act, or NDAA, which sets policy for the Pentagon, for the 64th straight year, sending it to…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government…

(Reuters) – U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower…

By David Lawder WASHINGTON (Reuters) -The World Bank said on Wednesday its executive board approved $2.05 billion in Development Policy Operation funding for Ukraine that includes the first grant from…

WASHINGTON (Reuters) -Top Republicans and Democrats in the U.S. Congress have crafted temporary spending legislation to keep federal agencies funded through March 14, which would avert a partial government shutdown…

By Rodrigo Campos and Karin Strohecker NEW YORK/LONDON (Reuters) -Brazil’s real tumbled by the most in over two years to a fresh record low on Wednesday and stocks were also…

By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers will debate whether conditions are falling in place to raise interest rates at their final meeting this year, a decision…

By Michael S. Derby (Reuters) – The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility…

Investing.com — The Federal Reserve cut interest rates by 25 basis points on Wednesday, but halved the number of rate cuts expected for next year as the battle to bring…