Wall Street drifts toward the close of its worst month since April
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Trump administration, Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they ...
US consumers cut spending in January more drastically than at any point in the last four years
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, possibly ...
Rates have fallen to 2025 lows — but that's not helping the stock market
Interest rates have fallen to their lowest level of the year as more investors believe Trump's tariff plans will hurt the US economy.
30-Year Mortgage Rates Hit a New Low for 2025
Rates on 30-year new purchase mortgages dropped for a sixth day Thursday, ticking down 1 basis point to an average of 6.59%. In the past six days, the flagship rate has shed 24 points. The current ...
Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central ...
Bitcoin price bounces 5% as analyst sees crypto slump end in March
The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” ...