Federal Reserve Raises Interest Rates in Push to End Easy Money

Federal Reserve Raises Interest Rates in Push to End Easy Money

The U.S. central bank's monetary-policy committee raised benchmark borrowing costs by a quarter percentage point to a range of 1.5% to 1.75%, in Jerome Powell's first meeting as Fed chairman.

Fed Chairman Powell Poised to Take First Crack at Ending Era of Easy Money

Fed Chairman Powell Poised to Take First Crack at Ending Era of Easy Money

Traders fully expect the Fed's monetary-policy committee to raise benchmark borrowing costs by a quarter percentage point at a meeting that starts Tuesday and culminates Wednesday with Powell's first press conference as chairman. The question is what comes next.

How to Help the Kids Pay For College While Still Saving for Your Own Retirement

How to Help the Kids Pay For College While Still Saving for Your Own Retirement

Nearly 40% of parents say they've considered borrowing from retirement savings to help pay for college expenses. Here's how to avoid that fate.

Crisis-Era Risk Gauge Flares Up as Trump's Budget Deficit Swells

Crisis-Era Risk Gauge Flares Up as Trump's Budget Deficit Swells

A key risk measure in money markets known as the Libor-OIS spread has risen to levels not seen since worries mounted in 2011 and 2012 over the debt troubles of European countries Portugal, Italy, Greece and Spain.

Inflation Rises 0.2% in February, Leaving Prices Up 2.2% Over Past Year

Inflation Rises 0.2% in February, Leaving Prices Up 2.2% Over Past Year

A report Friday from the U.S. Labor Department shows inflation rose to 2.2% in February from a year earlier, accelerating from January's pace of 2%.

Is It Wise to Retire With a Significant Amount of Debt?

Is It Wise to Retire With a Significant Amount of Debt?

More older Americans are carrying significant amounts of debt into retirement. Even with low interest rates, is that wise?

Is It Smart to Always Use Cash?

Is It Smart to Always Use Cash?

While using cash can help consumers avoid being trapped in debt, throwing away all your credit cards could be a mistake.

U.S. Economy Adds 313,000 Jobs in February as Wage Growth Moderates

U.S. Economy Adds 313,000 Jobs in February as Wage Growth Moderates

A report Friday from the U.S. Labor Department shows the economy added 313,000 jobs in February, well above estimates, while wage growth moderated to 2.6%.

Why the February Jobs Report Is the Most Important Jobs Report of 2018

Why the February Jobs Report Is the Most Important Jobs Report of 2018

A report Friday from the U.S. Labor Department is expected to show that wages climbed 2.8% in February from a year earlier, with unemployment falling further to 4%, based on economist surveys by the data provider FactSet.

Fed Governor Brainard Says Gradual Rate Increases `Appropriate'

Fed Governor Brainard Says Gradual Rate Increases `Appropriate'

Federal Reserve Governor Lael Brainard said in a speech that further gradual rate increases are "appropriate," especially in light of the economic stimulus expected to come from President Donald Trump's tax cuts.