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Stevie Wonder turned 75 this year. Also this year, our friend the jazz pianist Noah Baerman put out an album of covers of Wonder’s “message music.” This hour, a look at Stevie Wonder as musical icon, ...

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...

The Fed lowered interest rates by another quarter of a percentage point at the conclusion of its December meeting. But it is what officials projected for 2026 that might matter more.

Fed chief Jerome Powell said the rate of U.S. inflation should peak in the first three months of 2026 and then start to slow again. Barring, that is, additional U.S. tariffs, Powell said. The previous ...

Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate closer to a "neutral" level, meaning it is neither boosting nor holding back ...

The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers ...

The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. By Colby Smith As if the Federal Reserve’s decision about interest rates ...

The Federal Reserve on Wednesday lowered interest rates again in a continued effort to keep the labor market intact, despite objections from several key Fed officials who believe the central bank ...

ALHAMBRA, Calif. (KABC) -- Family, friends and law enforcement officers gathered in Porter Ranch Tuesday to say a final farewell to a 28-year-old Alhambra police officer who was killed in a pursuit ...