The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where individual actions, driven by personal interests, contribute to overall ...

While the economy is still in a "strong position," the risks that unemployment and inflation will rise have gone up, the Federal Reserve said last week. Those factors, along with slower economic ...

Sept 18 (Reuters) - The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to ease some of the ...