News

Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...
The Labor Department reported Thursday that the producer price index (PPI)—a measure of wholesale inflation before it hits ...
Economy will grow more slowly, inflation will move higher in Trump's term amid his tariff, immigration, budget plans. But U.S. should dodge recession ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
Most companies, it turns out, have been reluctant to raise prices. Americans are tired of inflation and they are more resistant to price increases, forcing firms to adopt an array of strategies. The ...
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing ...
Then one person simply went to Chat GPT 5.0 and asked some very specific questions about what we can do to improve the BLS ...
Citi raised its forecast for where the S&P 500 will finish the year, joining Bank of America, Goldman Sachs, Deutsche Bank ...