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

Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...

Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...

The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...

By the ninth they’ll be fully covered,” Trump said in reference to the deadline, per Bloomberg. “They’ll range in value from ...

Prohibiting the Fed from paying interest on reserves wouldn’t protect taxpayers and would undermine the central bank’s ...

Many Americans say President Donald Trump’s tariffs will make it harder for to manage or repay debt, a survey found. Experts ...

The president is pressuring the Fed to lower rates to make deficits easier to finance. This could end badly, but for now ...

Global equity markets have recovered smartly from the lows in April 2025 that were triggered by US President Donald Trump’s ...

The Fed prioritizes shrinking its balance sheet over rate cuts to fight inflation. See why its disciplined approach supports growth, jobs, and long-term stability.

Federal Reserve Chair Jerome Powell’s speech today, July 1, 2025, at 9:30 AM ET, is stirring excitement in the crypto market.

A “couple of storm fronts coming out of the US” has seen the Australian dollar soar in recent weeks, adding further pressure ...