Low-income Americans have missed out on the wealth effects that have benefited the highest earners. The Fed, which has played a role in what economists refer to as the K-shaped economy, can’t easily ...

• 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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...

The won-dollar exchange rate has surged past the 1,450 Korean won mark and shows no signs of retreating. Despite the government’s rollout of various measures, including expanding the National Pension ...

More than half of violent crimes in Washington state are going unsolved. That sobering data point, shared with state lawmakers Thursday, comes as violent crime has dropped but remains far ahead of pre ...

Police departments’ “clearance rates” — the percentage of cases they declare closed — are one of the most widely cited benchmarks for how effectively they combat crime. Lawmakers reference clearance ...