Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

ABC News' Elizabeth Schulze breaks down some of the impacts of the Federal Reserve's lower interest rates on everyday economic issues and inflation.

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week

The Federal Reserve slashed interest rates for the first time since 2020 with a half-point cut, its biggest rate cut in 16 years.

"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.

In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American economy, but stop short of declaring victory.

The Federal Reserve cut its benchmark interest rate by half a percentage point, reversing its years-long fight against inflation and potentially offering relief for borrowers facing high costs.

Our panel reacts to the Fed cutting interest rates by half a percent, the second wave of explosions in Lebanon Wednesday and lawyers for Sean "Diddy" Combs speaking on his sex trafficking indictment.

The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation.

The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills

The Federal Reserve is expected to announce its first interest rate cut in four years. ABC News’ Rebecca Jarvis breaks down what this means for your wallet.

In 16 states, an average gallon of gas costs less than $3.

The price of gasoline has dropped about 13% since the 2024 peak in April, according to AAA.

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate

Investors widely expect the Fed to cut interest rates at a meeting on Wednesday.

ABC News business reporter Alexis Christoforous explains why investors widely expect the Fed to slash interest rates at a meeting on Wednesday.

Most investors are betting that the Federal Reserve will reduce rates by a quarter point this week, cutting rates for the first time in four years.

ABC News' Correspondent Alexis Christoforous breaks down the relief at the pump as more than a dozen states are now below $3 a gallon.

Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week

This week the Federal Reserve is likely to cut its main interest rate for the first time in more than four years

Food at home prices increased over the last year with eggs and meat increasing at the grocery store month to month; but retailers are fighting for shopper savings.

ABC News business reporter Alexis Christoforous discusses the latest figures days before the Federal Reserve is widely expected to make an interest rate cut.

The Fed is widely expected to cut interest rates next week.

Presidential historian Mark Updegrove explains how political fortunes have been decided by the state of the economy.

ABC News business reporter Alexis Christoforous on what many voters says is a top issue in the upcoming election.

The U.S. added 142,000 jobs in August, according to Friday's jobs report. The unemployment rate now stands at 4.2%.

Rodney McMullen said merging with rival Albertsons would allow its stores to be competitive against retailers such as Walmart and Amazon.

The U.S. added 142,000 jobs in August, according to the latest jobs report.

The American labor market, red-hot for the past few years, has cooled

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling

The strikes are taking place at 25 hotels across eight cities, including Boston and San Francisco, with workers demanding higher wages.

Unemployment benefit applications were down last week as Americans are making personal finance decisions for the rest of the year.

Grocery stores Kroger and Albertsons are in court after the Federal Trade Commission claimed the merger would eliminate competition and raise food prices.

"The time has come" for a shift toward rate cuts, Fed Chair Jerome Powell said. But how much will rates go down?

The Federal Reserve is now poised to cut interest rates in its next meeting, sending stocks surging on Wall Street.

The Fed is widely expected to cut rates at its next meeting in September.

Federal Reserve Chair Jerome Powell made it clear that borrowers could see an interest rate cut in September.

Plus, independent candidate RFK, Jr. suspends presidential campaign and endorses former president, now GOP nominee, Donald Trump.

The announcement comes after a yearslong effort to fight inflation with highly elevated interest rates.

Two major Canadian freight rail companies locked out thousands of workers on Thursday, shutting down cross-border shipping routes.

Job growth is slower than expected and the Federal Reserve may cut rates by half a percentage point next month due to weak manufacturing.

Economy was no longer in recession but Biden advanced recovery, experts said.

An estimated 30 million Americans -- 1 out of every 5 workers -- are employed with noncompete agreements in industries ranging from tech to fast food.

Inflation stands below 3% for the first time since 2021.

Proposals include a ban on grocery price gouging and subsidy for homebuyers.

Canada's two largest railroads could strike this week, potentially causing supply chain issues for the U.S.

The rules are expected to change the game for both buyers and sellers leaving more room, especially for sellers, to negotiate commissions.