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Analysts say the momentum was supported by a weaker dollar index and renewed expectations of an interest rate cut by the Federal Reserve.
Investors will monitor PMI data from the EU and the UK this week, along with speeches by US Fed officials. The US jobless ...
Federal Bank's credit costs increased by 38 basis points from the earlier quarter to 65 basis points. However, the management expects that figure to trend down and end the year at 55 basis points.
But the main criticism of Reform is that the party's big-spending, populist policies are costly and could trigger a fresh Liz Truss-like crisis.
President Donald Trump has for months tried to pressure Federal Reserve chair Jerome Powell to resign from his post if he doesn't cut interest rates.
The following is the transcript of an interview with Bank of America CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Aug. 3, 2025.
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
Mortgage rates fell 0.18% last week, breaking below the key threshold of 6.64%. Why is this important? Because in the last three years, when mortgage rates fell from 6.64% to 6%, housing demand has ...
Concerns over US economic growth have taken center stage despite a solid corporate earnings season from S&P 500 companies.
During a lengthy legal oral argument on Thursday, federal appeals court judges seemed skeptical that Trump had the power to ...
Former Treasury Secretary Larry Summers blasted President Donald Trump's firing of a top Bureau of Labor Statistics official.
A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.
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