US Federal Reserve Chairman Jerome Powell-led FOMC decided to further cut the key interest rates by 25 basis points to 3.75% ...

Powell, in his first speech on the US economic outlook since the interest rate cut earlier this month, said that if the Fed cuts rates ‘too aggressively’ then it poses inflation risks in the economy.

Novak Djokovic will face Alexandre Muller of France in the first match of his return to the U.S. Open, while defending women’s champion Iga Swiatek and Coco Gauff could be headed toward a women’s quar ...