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

President-elect Donald Trump’s housing policy for his second term is vague at best. But based on available information, many ...

Delinquencies on US commercial real estate loans hit the highest level for a decade, the Federal Reserve said Friday, noting that offices were facing a particularly tough time.

“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...

The Department of Government Efficiency that President-elect Trump has tapped Elon Musk and Vivek Ramaswamy to lead could ...

The highest Treasury yields in months — reached Friday after a batch of strong economic data cast additional doubt on whether ...

Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...