The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...

The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.

President Donald Trump criticized Federal Reserve Chair Jerome Powell and the U.S. central bank, accusing them of mishandling ...

Will the Fed change interest rates? When and, if so, by how much? 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The FOMC indeed held a two-day meeting, which ended ...

Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.

European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year ...

Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.

Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...

The European Central Bank cut its key interest rate by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs. Read more: ...