The Federal Reserve is widely expected to vote at its July 29-30 policy meeting to keep interest rates unchanged. But investors will parse the Federal Open Market Committee statement and Fed Chair Jer

Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate at this week’s policy meeting may bolster expectations for rate cuts in the fall.

Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.

President Trump clashed with Federal Reserve Chair Jerome Powell as more lawmakers weigh in on a need for an interest rate cut. CBS News' Kelly O'Grady reports.

Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending despite earlier geopolitical concerns. Netflix reporting after close, remains a streaming leader, but valuation concerns persist; overall, stocks continue mild melt-up with benign retail and jobless data supporting stability.

Interest Rate Debate Continues on December Cut The minutes of the Fed’s November meeting indicate the central bank’s policymakers haven’t decided on a rate cut next month. BY REUTERS Nov 26 ...