NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Fed frets ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

On paper, minutes for the Fed’s December meeting spelled bad news for investors. But it seems investors had already priced in ...

Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...

Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...

The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...