Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
Live updates: Australian share market to rise, US Fed chair says central bank not in a 'hurry' to cut rates
The Australian share market is set to rise this morning, while US Federal Reserve chair Jermome Powell pares back ...
Powell says no need for Fed to rush rate cuts given strong economy
By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains ...
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Trump cabinet latest updates: Controversial anti-vaccine RFK Jr tapped to lead Health Department
Gaetz, whose nomination requires Senate approval, resigned from his seat in the US House of Representatives in light of the ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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Food prices stubbornly high despite govt measures
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended ...
Shocking cost of weekly groceries in every state with some Americans spending over $300
An analysis has revealed the shockingly high weekly grocery costs in each US state, with some Americans spending more than ...
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US consumer inflation rises in October on higher housing costs
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...