Water utilities in Altadena and Pacific Palisades are undertaking an arduous process of repressurizing their underground pipelines, testing for contaminants and attempting to flush them out.

No snow shovels are needed in downtown Holland, Michigan. The snow just melts away via underground hot water pipes.

Powell sent a clear message this week that central bankers were in no rush to lower rates, with Fed officials opting to pause rate cuts in the first policy meeting of the year. That seemed to defy ...

“But their effect on the economy is likely to take a bit more time.” The path to the Fed’s 2% inflation target was expected to be long and bumpy, and it has been a little choppy the past ...

TRUMP BLASTS FED FOR NOT CUTTING INTEREST RATES "Despite the stickiness of inflation in recent months, the disinflationary trend should reemerge in the spring as services prices are set to ...

The Fed's relationship to home loan rates isn't direct or immediate. In many ways, what the Fed says matters more for the market than what it actually does. In other words, the Fed doesn't control ...

When the Fed makes changes to the federal funds rate, it can greatly impact different banking products, like savings accounts, loans, mortgages, and credit cards. You can learn more about the FOMC ...

The Federal Reserve’s discount rate is a tool that provides liquidity to the banking system. Learn more about the Fed discount rate and how it works. The Fed's rate decision doesn't directly ...

The decision was unanimous among the voting members of the Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction ...

“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...

Powell has been a member of the Board of Governors of the Federal Reserve System (FRB ... Powell took office as Fed chair on Feb. 5, 2018, after being nominated for that post by then-President ...

No one likes a cold shower. Getting scalded when you run the hot water is even worse. Properly setting the temperature on your water heater is important not only for your health and safety ...