Bond yields tumbled as the weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. That sent the average rate on the 30-year fixed mortgage to the lowest level since October 2024. The steep drop could help shake up the
The Federal Reserve is widely expected this week to make its first interest rate cut of 2025, but the bigger question for investors is how many more cuts could be on the way as the central bank contends with a weak job market, sticky inflation, and mounti
The Federal Reserves latest "dot plot," which outlines policymakers interest rate projections, now signals two additional rate cuts in 2025, on top of the quarter-point move announced Wednesday.
The Philadelphia Stock Exchange Semiconductor Index rose 0.3% in its ninth straight positive session, its longest such streak since 2017. The gauge has jumped 8.7% over the period and is now up 22% this year, beating the Nasdaq 100 Index’s almost 16% gain
The Senate has officially confirmed Stephen Miran as President Trumps new nominee to the Federal Reserve Board in an incredibly tight 48-47 vote on Monday evening. This puts him in place just in time to cast a crucial vote at this weeks central bank pol
For more than half a century publicly-traded US corporations have reported earnings at quarterly intervals, but during an early-morning wave of social media posts on Monday, President Donald Trump reignited a long-standing debate over the requirement.
Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing U.S. fuel-demand growth.
Weak labor market data overshadowed a sticky inflation print last week, keeping investor expectations intact that the Federal Reserve will cut interest rates at its policy meeting on Wednesday.
President Trumps tariffs continued to add billions to US coffers as the summer ended with customs duties bringing in about $29.5 billion in August.
Inflation accelerated again last month, hitting consumers in some of the biggest spending categories. The Consumer Price Index rose 2.9% over the prior year in August and 0.4% from July, with food, gas, and shelter costs all marching higher.
Recent weeks have featured a curious sort of split screen: Americans have been increasingly clear to pollsters that inflation is their biggest worry about Donald Trumps economy. Meanwhile, the president doubled down on claims that inflation is an issue o
Augusts Consumer Price Index (CPI) is expected to show inflation remained sticky last month, with headline prices rising at a faster clip than in July.
Oracle (ORCL) stock jumped more than 25% in after-hours trading Tuesday as the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year — a massive leap from the companys projection of less than $20 billion f
A massive government revision released Tuesday showed the US economy added 911,000 fewer jobs in the 12 months through March 2025 than initially reported — the steepest downgrade in at least two decades, according to preliminary estimates from the Bureau
