NEW YORK — More Klarna customers are having trouble repaying their “buy now, pay later" loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms ...

Moody’s decision to downgrade the US’s credit rating is a slap on the wrist. In the past, the US might have dismissed it, but ...

Newark Mayor Ras Baraka speaks to protesters outside of Delaney Hall, a recently re-opened immigration detention center, in Newark, N.J., Wednesday, May 7, 2025. (AP Photo/Seth Wenig) ...

The Federal Reserve announced Wednesday in its third meeting of 2025 that it would continue to hold interest rates steady.

The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and unemployment goals in a likely reference to President Donald Trump's tariffs ...

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...

Trump administration officials testify to Congress and Joe Biden slams Trump on dealings with Russia over the Ukraine war.

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher ...

As expected, the US Federal Reserve has kept its benchmark interest rate unchanged despite pressure from President Donald Trump. Fed chair Jerome Powell warned the risks of higher inflation and ...