The Federal Reserve is expected Wednesday afternoon to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation.
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Washington Watch: Inflation seen restraining Biden, other G-7 leaders as they consider more Russia sanctions at summit
High inflation will limit President Joe Biden and the leaders of other advanced economies as they consider further sanctions on...
Market Snapshot: Recession scare starting to challenge inflation as top fear among stock and bond investors
"The inflation rhetoric is cooling while the recession narrative is gaining headlines," says Bob Schwartz, senior economist at Oxford Economics.
: Former Trump aides testify that several Republican lawmakers asked for presidential pardons after Jan. 6 attack on Capitol
At least one GOP congressman is said to have inquired about a ‘blanket’ pardon a month earlier.
Guns and abortion: Contradictory decisions, or consistent?
They are the most fiercely polarizing issues in American life: abortion and guns. And two momentous decisions by the Supreme...
Dems hope to harness outrage, sadness after abortion ruling
In the immediate aftermath of one of the Supreme Court's most consequential rulings, it was too soon to know how...
Where Should I Retire?: This Ecuadorean city in the Andes has perfect weather — and you can retire there for as little as $1,500 a month
“If the place you live in doesn’t delight and amaze you every day, you’re doing it wrong. And that’s how...