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

Long-duration funds are highly sensitive to interest rate changes. Individuals who can tolerate short-term volatility and ...

Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.

Canada's main stock index was essentially unchanged Friday, while U.S. markets were mixed to end the week, with the Dow eking ...

Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

If you're willing to push a little bit past the fear, then the world of investing opens up to you. What you pick will have to align with your goals for the money and your time horizon, which will be ...

"What should people know before investing in physical gold, ETFs or mining companies is that while each form of investment is ...

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

Now that the Fed’s first rate cut in four years is a fait accompli, there are still opportunities to open CDs with ...

The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...

A stagnant Colorado housing market could benefit from what is expected to be a series of ongoing cuts to the federal interest ...