WASHINGTON (AP) – Does the Federal Reserve have it wrong? For months, the Fed has been carefully watching the US economy’s strong...
PHOENIX (3TV/CBS 5) — For the first time since 2002, the average interest rate on a 30-year mortgage is above 7%, and...
Here are five things you should know for Monday, October 17: 1. – Stock futures rise as bond market volatility decreases US...
The Federal Reserve Bank of Atlanta revealed on Friday that its chairman, Rafael Bostic, had violated the US central bank’s investment ethics...
The $64,000 question in financial markets is whether the Fed can engineer a smooth landing. That means raising interest rates enough to...
Updated at 11:35AM EST US stocks were volatile again on Friday, following a fiery session on Wall Street yesterday that saw the...
Updated at 10:15AM EST Wells Fargo (WFC) Friday reported weaker-than-expected third-quarter earnings, set aside nearly $800 million in credit reserves, but a...
City Group (c) Third-quarter earnings reported better-than-expected Friday, but a significant dip in investment banking revenue, as well as higher operating expenses,...
Here are five things you should know for Friday, October 14: 1. – Stock futures drop after a big rally on Wall...
c. B. Morgan Chase (JPM) On Friday, it reported better-than-expected third-quarter earnings, with nearly $1 billion set aside to cover potential bad...
Today’s report shows some progress, but we still have work to do. Inflation in the past three months was 2% at an...
A 100 basis point increase in the rate is not recommended, although it would send a strong signal, as a member of...
Since the Federal Reserve began raising interest rates earlier this year, debate has raged on Wall Street over whether it can curb...
Mortgage rates continue to rise, which makes buying a home even more expensive. The average 30-year fixed-rate mortgage hit a 20-year high...
Updated at 11:33AM EST US stocks turned sharply lower on Thursday, before recovering almost as quickly, while the dollar fell against its...
Updated at 11:12AM EST U.S. inflation slowed modestly last month, data from the Bureau of Labor Statistics indicated on Thursday, but core...
top line Cryptocurrency markets fell Thursday morning in anticipation of new federal data, which revealed that consumer prices have risen 8.2% in...
Speaking about recent expectations that the US economy is heading into a recession, President Joe Biden emphasized that it is not inevitable....
Here are five things you should know for Thursday, October 13: 1. – Stock futures higher as inflation test approaches US stock...
Those responsible for monetary policy of Federal Reserve (feed it) agreed that they needed to adopt – and maintain for some time...
The Federal Reserve is pursuing a path of raising interest rates that, while potentially costly to the US economy, is still necessary...
Contents Market reaction to CPI in 2022 Three ways to trade the CPI report with spy options Bottom line: Choices can do...
Updated at 8:36AM EST US stock futures rose on Wednesday as investors braced for another potentially volatile session on Wall Street heading...
Mortgage rates jumped to their highest in more than sixteen years last week, according to data from an industry group that indicated...
Here are five things you should know for Wednesday, October 12: 1. – Stock futures higher as earnings, inflation data looming US...
Even with interest rates rising this year, the central bank is still unable to rein in rising inflation and will have to...
Popular money manager Cathy Wood, CEO of Ark Investment Management, has said repeatedly for months that the economy is heading for deflation...
Updated at 10:28AM EST US stocks fell again on Tuesday, pushing the tech sector to a two-year low, as investors extended their...
Here are five things you should know for Tuesday, October 11: 1. – Stock futures decline as global stocks decline US stock...
The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Economics to former Federal Reserve Chairman Ben Bernanke and researchers...