A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
The US central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate. The ...
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year ...
Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
The European Central Bank cut its key interest rate by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs. Read more: ...
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.