FDA chief's office said it wants to cut the filing review from 60 days to one week The office said it may cut those reviews to two or three weeks based on complexity The agency could decide on Lilly's ...

• 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 U.S. Federal Reserve delivered a widely expected 25 basis point rate cut on Wednesday, lowering the range on its benchmark fed funds rate by 25 basis points to 3.50% to 3.75%. This marks the third ...

The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him. By Colby Smith Colby Smith covers the Federal ...

Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. Federal Reserve Chairman Jerome Powell departs after a news conference after the Federal Open ...

NEW YORK, Dec 5 (Reuters) - The Federal Reserve meeting next week is expected to be one of its most contentious in years, and investors are focused on how divided policymakers are over an expected ...

After whipsawing this past month, the bond market suggests the odds of a December Fed interest rate cut stand at roughly 87%. Analysts say unusually high division among Fed officials concerning ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

The Federal Open Market Committee will meet Dec. 10 to decide whether to continue cutting short-term interest rates, following a 0.25 percentage point reduction in October, or hold the federal funds ...