Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
These are today's mortgage and refinance rates. Mortgage rates fell this week, but where they go next depends on inflation.
SOFI has had an outstanding rally since the 2022 bottoms, as the macroeconomic outlook turns optimistic and the Fed rate cuts ...
As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate, mortgage rates ...
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring them to pay more for tariffed goods.
But on the pesky other hand, the Federal Reserve is now concerned about reflation and has halted its interest rate-cutting cycle after just four months. One of their worries is Trump himself, who ...
With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for ...
Inflation has been a constant for multiple decades. The Federal Reserve regularly prints new money, and the government ...
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, ...
Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates. Comcast stock fell double digits ...