News

Here’s how the stock market tends to react to Fed decisions — and how a twist this week could change that
U.S. financial markets will be closed Thursday in observance of the Juneteenth holiday. The Fed has never delivered a ...
Trump’s Trade Policies Prompt Companies to Raise Prices, Cut Staff
As President Trump’s trade policies ripple through the economy, companies are increasing prices, cutting staff, reworking ...
Trump Knocks Fed's Powell, Muses About Appointing Himself to Lead Central Bank
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday knocked Federal Reserve Chair Jerome Powell for what he ...
Average long-term US mortgage rate eases slightly, the third consecutive weekly decline
With the latest decline, the average mortgage rate is now back to where it was in mid-May, reflecting a recent pullback in ...
US weekly jobless claims, housing data point to softening economic activity
The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent ...
Federal Reserve expected to hold key interest rate steady
The central bank it has stayed on the sidelines while it evaluates the impact of President Donald Trump's tariffs and other ...
All eyes on Fed's 'dot plot' as investors look for rate cut clues
The Federal Reserve is widely expected to hold rates steady at the conclusion of its policy meeting Wednesday, but the big ...
Trump makes brash economic gamble that could upend Wall Street and threaten your finances
Economists have warned that Trump's tariffs will raise prices, something that will require interest rates to stay elevated.
Fed expected to hold interest rates steady, defying Trump
The Fed, an independent federal agency, is widely expected to continue its defiance of Trump. Investors peg the chances of a decision to leave rates unchanged at 99.9%, according to the CME FedWatch ...