Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...

GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...

In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...