The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Stocks have been roaring back since the S&P 500 fell nearly 20 percent below its record last month on hopes that President Donald Trump will ease his stiff tariffs on trading partners worldwide before ...

Less than a week after President Donald Trump shocked the world with his massive “Liberation Day” tariff hikes, the former ...

President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.

Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.

Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...

The Federal Reserve has been playing a waiting game for months. A lot has changed this week. And the Fed will probably just ...

President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler ...

The S&P 500 and Nasdaq rose on Tuesday as investors analyzed new inflation data and considered what it might mean for ...

President Donald Trump had the Federal Reserve in his sights once again Tuesday following the release of [mild consumer-inflation data]( ...