The Tax Cuts and Jobs Act (TCJA) became effective over six years ago as a major Trump administration tax code overhaul, making it the biggest change to tax law and policy in recent decades.

WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Dec 18 but signalled a slower pace of cuts ahead, as uncertainty grows over inflation and US Presiden ...

The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...

Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut The S&P 500 fell 2.9 percent, just shy of its biggest loss for the year from the summer, to pull further ...

U.S. Federal Reserve chair Jerome Powell in Washington on Dec. 18. The Fed cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects ...

The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers. Actual target rate Latest ...

It was the third rate cut in as many meetings of the Fed's policy committee, which began cutting rates from a two-decade high in September. The Fed indicated future rate cuts may be fewer and ...

US share prices slumped after the central bank cut interest rates for the third time in a row but its economic projections signalled a slower pace of cuts next year. In a widely expected move ...

See you then. "Santa came early and dropped a 25 basis point rate cut in the market’s stocking but accompanied it with a note saying that there would be coal next year." That about sums up the ...