"Inflation is stuck above target, with upside risks." BNP Paribas said it was sticking to its call of no Fed rate cuts in 2025. In a previous note, the European bank said it foresaw a "large ...

Women hold 10 of the 24 leadership positions at Fed bank boards, the same number as last year, a Reuters review of those named, opens new tab this year shows. Eleven of the chairs and deputy ...

All eyes will be on the "dot plot," a chart updated quarterly that shows the prediction of each Fed official about the direction of the federal funds rate. In September, as the central bank ...

The Federal Reserve's rate decision will jumpstart a strong market move into year-end, and even hawkish comments from the central bank will allow investors to emerge from a "zone of hesitation ...

Some new members of the Fed’s rate-setting committee who are due to gain voting power in January could tip the Fed further in the direction of fewer rate cuts. The changeover in policymakers ...

Wild video shows the moment thieves robbed a FedEx driver as he was making a delivery in Harvard, Massachusetts, on Friday, snatching the package from his arms and fleeing the scene. In a press ...

FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...

Wednesday's move marked the Fed's third consecutive rate cut and brought its benchmark short-term rate to a range of 4.25% to 4.5%. They also predicted sturdier growth, higher inflation ...

The Fed scrambled the market's outlook for interest rates next year at its meeting this week, and investors are eyeing a number of possible policy outcomes as the central bank shifts its focus ...

The Fed has cut by a cumulative 1 percentage point since initiating cutting in September 2024. Before that, the rate had been on a lofty plateau of 5.25%-5.50% since July 2023. The big news from ...

The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate in September of four rate cuts. 1:37 How ...

FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...