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When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in the US.
The jobless rate had held between 3.9% and 4.2% since late 2023 even as the broader economy slowed, a surprising resilience ...
The Pound Euro ( GBP/EUR) exchange rate wavered on Thursday as markets reacted to the UK’s latest labour market report. At ...
RBA rate cut fears and slowing Aussie jobs data weigh on AUD/USD, with China’s trade outlook and Fed policy in sharp market ...
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.
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