The 30-year mortgage rate averaged 7.04% as of Nov. 5, according to a daily survey by Mortgage News Daily. The rate on the 30-year mortgage, the loan most commonly used by home buyers, rose sharply ...
Fiscal policy is based on the theories of British economist John Maynard Keynes. Also known as Keynesian economics, this ...
A broad Election Day rally pushed U.S. stocks higher, with shares of consumer-discretionary firms, industrials and utilities ...
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut ...
Market participants are expecting the Federal Reserve to cut interest rates by 25 basis points on Thursday, but that's not all: They're also contemplating how Fed Chairman Jerome Powell could react to ...
Long-term yields have been steadily rising over the past few weeks, even as the Federal Reserve cut short-term rates in ...
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 ...
AI could generate detailed economic scenarios for comprehensive stress-testing and analyze vast amounts of textual data for real-time market sentiment insights. Yet there's also the risk of AI ...
Much hand wringing has occurred recently about Federal Reserve independence. Fears former President Donald Trump might ...
Any lock on a top-paying CD is smart before the Fed makes its move this week. Rates of 5%+ are available with guarantees up ...
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.
The average new car price jumped to $48,205 in 2024, that’s up 21 percent from the pre-pandemic years, according to data ...