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

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

A Federal Reserve official who joins the central bank’s policy committee this year said he has grown less concerned about a ...

The Federal Reserve isn’t likely to make a move on interest rates over the next few months, Charles Schwab (SCHW) Chief ...

The most recent core Consumer Price Index report (which measures inflation, minus the volatile food and fuel segments), ...

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.