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The Independence Day holiday-shortened trading week saw the S&P 500 power higher to reach new record highs throughout the ...
Macroeconomic conditions seem challenging for Rocket Companies; however, signs of improving macroeconomic conditions are ...
Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...
Bitcoin (BTC) edges slightly below $109,000 at the time of writing on Monday after registering its highest weekly close in ...
But in 2022, inflation surged to 6.6%, the highest since 1981. The Fed responded in kind over 2022-23 by raising the federal-funds rate by 5 percentage points, the largest rate hike since 1980.
Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?
The tax, spending and policy bill making its way through Congress seeks to cut hundreds of billions of dollars from Medicaid ...
The Fed meets 8 times a year to set monetary policy that affects how Americans borrow and save. Here's when its rate-setting committee meets next — plus a recap of past meetings.
The CPI increased at a much slower rate of 2.9% in 2024, so the Fed actually started cutting interest rates in September and lopped a full percentage point off the federal funds rate by year-end.
The broad market index gained 0.47% and closed at 6,227.42. The S&P 500 scored a fresh all-time intraday high and closed at a ...
Hyperbolic as it may sound, the idea that large societal costs are incurred when the singleness of money breaks down is not without merit. The go-to example that central bankers, economic historians, ...