It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...

Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax ...

December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...

Fed hints at multiple 2025 rate cuts as Bitcoin rallies above $99K after CPI data. Altcoins surge with Solana up 8% and XRP ...

A midweek rally followed robust bottom line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.

The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...

Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City, U.S. November 12, 2024. Fed Governor Christopher Waller told CNBC on Thursday that the ...

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.

The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday.

A fed-up woman has been defended online for refusing to let her "lazy, mooching" roommate keep "raiding" her stash of sweet treats—half of which she just took without permission.