After months of delay, the Pentagon will select as soon as this week the defense company to design and build the Navy's next ...

After resting on its laurels for the better part of three decades, the US Navy must relearn how to fight a naval ...

Virginia-class submarines are bigger, faster, quieter, and have more endurance and firepower than Los Angeles class they ...

It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...

The Federal Reserve on Wednesday delivered its first rate cut since December, a move that will ripple through everything from home loans to credit cards, although not all Americans will notice the ...

The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama. The 11-1 decision supported by ...

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...

Borrowing costs will likely drop but so will savings rates. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our ...

Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average lender right in line with the lowest levels since late 2022. Because rates ...

Over the last couple of weeks we've been seeing President Donald Trump applying unprecedented political pressure to the Federal Reserve to cut interest rates. We're waiting to see if the board of ...

Mortgage rates fell again this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year ...