Average rate on a 30-year mortgage drops to lowest level since October
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10…
U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on…
Asian shares charge higher after US stocks rally to records
BANGKOK (AP) — Shares charged higher Wednesday in Asia after the U.S. stock market rallied to records when…
Wall Street climbs toward records as hopes solidify for the Fed to cut rates
NEW YORK (AP) — The U.S. stock market is climbing toward records after data showed inflation across the…
Wall Street frets about reliability of government data on eve of CPI
This week’s inflation data will be huge for markets, and not just for the numbers. Beneath the Bureau…
The Federal Reserve’s Michelle Bowman backs three cuts to interest rates this year
NEW YORK (AP) — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected…
Trump narrows Fed chair candidates, excludes Scott Bessent
WASHINGTON (AP) — President Donald Trump said Tuesday that he’s whittled down his list of potential Federal Reserve…
Asian markets are mixed after Wall St tumbles following poor US jobs report
BANGKOK (AP) — Shares in Asia are mixed after Wall Street had its worst day since May following…
It’s Trump’s economy now. The latest financial numbers offer some warning signs
WASHINGTON (AP) — For all of President Donald Trump’s promises of an economic “golden age,” a spate of…
Economists say US consumers are likely to see effects from Trump’s tariffs
American businesses and consumers woke up Friday to find the contours of President Donald Trump’s foreign trade agenda…