Last fiscal year, the interest expense on U.S. debt was $950 billion, up 35% from the prior due mostly to higher rates.

Stock futures were marginally in the red first thing on Friday, with banks JPMorgan (JPM.N), Bank of New York Mellon (BK.N) ...

Financial markets reflected heavy bets the Fed would deliver a quarter-point rate cut at next month's policy meeting and at ...

The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday ...

Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why ...

Doug Clinton, Intelligent Alpha founder and CEO, joins 'Squawk Box' to discuss how his firm is using AI to determine ...

One FOMC member, Governor Michelle Bowman, cast the only no vote on the decision. But it's become clearer that the vote to ...

This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.

The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve ...

Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut ...

Insight into the central bank's decision to cut the prime interest rate may signal its plans for future reductions.

Chicago Fed president Austan Goolsbee says one month of strong jobs and inflation data won't keep the Fed from cutting rates ...