Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
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A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
Trial jurors said they couldn't agree on the more serious charge of murder, prompting the judge to declare a mistrial on that count.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
A system that thousands of schools and universities use was offline due to a cyberattack.
Cade Cunningham had 25 points and 10 assists, Tobias Harris scored 21 and the Detroit Pistons beat the Cleveland Cavaliers 107-97 on Thursday night to take a 2-0 lead in their second-round series.
Michigan Congresswoman Rashida Tlaib introduced a bill on Thursday that would increase penalties on DTE Energy and other investor-owned utilities for seeking rate hikes within two years of violating the Clean Air Act.
American passengers who left the MV Hondius cruise ship in April are being monitored for hantavirus in at least five states, health officials said.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
Sonny Gray pitched five innings in his return from injury and the Boston Red Sox finished a three-game sweep of the Detroit Tigers with a 4-0 win.
Tigers manager A.J. Hinch also received a one-game suspension and an undisclosed fine.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.