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Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
Read here for an analysis of July jobs report's impact on the US economy, inflation trends, and rate cut expectations.
The U.S. economy expanded at a 3% annual pace from April through June, bouncing back at least temporarily from a ...
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Trump's tariffs went live overnight at midnight and there were a few surprises. For example, tariffs on Canada were hiked ...
Despite the price drop, BNB is seeing growing corporate adoption, with several companies announcing plans to invest hundreds of millions of dollars in BNB.
The average 30-year fixed rate mortgage was 6.66% yesterday, a decrease of 0.02% since the day before. The 15-year fixed mortgage rate stood at 5.68%, up by 0.01%. The 30-year FHA mortgage averaged ...
On the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic ...
The report comes at the end of a busy week of data releases that showed inflation has accelerated more than economists ...
So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.