Federal Reserve Chair Jerome Powell said that while there is a lot of uncertainty about the outlook right now, the U.S. economy is still in a good place and the current situation isn’t as dire as it was at times such as the Covid-19 pandemic or the 2008 global financial crisis.
Market pricing shows investors are nearly unanimous in expecting the Federal Reserve to stand pat on interest rates Wednesday, holding them in a range of 4.25% to 4.5%. Here's a look at how the central bank has steered policy since the turn of the century,
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
The fate of trillions of dollars in federal grants and loans continue to hang in the balance on Wednesday after a federal judge temporarily blocked a Trump administration policy that aimed to pause the spending.
Trump, 78, is preparing to make good on a 2024 campaign promise by bringing back more than 8,000 members of the US military, restoring them to their previous rank and providing back pay and full
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative tightening efforts.
The chaos and confusion spurred by this week's order freezing federal funding may influence how different parts of the housing market operate.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and rapidly bring down costs and prices." Read More: Here's What
Debt rankers appear to have been more coy in recent years on risks of developed economies than emerging markets
Monmouth County's housing market was the second-most expensive in the state in 2024, with average home sale prices now above $800,000.
Meanwhile, many of the SBA's EIDL loans are being charged off and considered in default. In 2021, the agency charged off $21.5 million in EIDL loans. In 2022, that grew to $198.2 million. Last year, the agency charged off $52 billion in EIDL loans — about 17% of its portfolio.