Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary blame, rather, goes to supply constraints as the economy came out of COVID and ...
October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as ...
The banker who prosecutors say helped Alex Murdaugh move millions of dollars around to avoid detection of his thefts in ...
Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see ...
Live Updates Economic Data Shaping the Markets Today 9:15 am Here’s a rundown of economic data points released this morning.
U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week's ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...