A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...
Stakeholders and CT officials discussed the first-in-the-nation program, and how it may be planting the seeds of a national ...
Most CD rates have been drifting lower now that the Fed has been cutting interest rates. But today two large U.S. banks ...
Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...
The Federal Reserve's premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still ...
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like ...
With the Federal Reserve touting a slower pace of easing, markets are expecting a longer pause. But Gov. Christopher Waller said the next interest rate reduction could come as soon as March because of ...
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.
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December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way.
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