The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...
A report by SBI Research suggested that a rate cut could happen in February 2025 due to declining inflation and positive ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
In our news wrap Thursday, President Biden said the Fed's interest rate cut is a vindication of his economic policies, Wall Street celebrated the cut with stocks surging to new highs and Republican ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
How the Fed’s change in strategy will affect other parts of the ... according to a Bureau of Labor Statistic regional report ...
Mortgage rates aren't tied to the Fed's moves on interest rates. Rather, mortgage rates typically fall in advance of a Fed rate cut, because investors are trying to anticipate where the central bank ...
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.
The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting job growth ...