Federal Reserve System

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

Business
Jessica Roberts

WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, ...

Data release shows Inflation stayed high

Business
Jessica Roberts

US inflation tops forecasts for a second month The core consumer price index, which excludes food and energy costs, increased 0.4% from ...

Financial stress peaks in the populations of these 10 American cities

Business
Jessica Roberts

US economy masks credit crisis as debt hits millions Despite the overall health of the US economy, there are growing concerns as ...

Fed interest rate cut may be delayed long enough to set off recession

Business
Jessica Roberts

Resilient rebounds in jobs report for 2023 Last month employers took on 216,000 more employees, 46,000 more hires than analysts and economists ...

Inflation is nearly back to 2%. So why isn’t the Federal Reserve ready to cut rates?

Business
Jessica Roberts

WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start ...

Stock market today: Asian shares are mixed, with Chinese shares falling, ahead of Fed rate decision

Business
Jessica Roberts

BANGKOK (AP) — Asian shares were mixed on Tuesday, with Hong Kong and Shanghai leading declines, ahead of a decision by the ...

2024 CD rates are highest in years. Now might be a good time to invest

Business
Jessica Roberts

Rising inflation impacts the stock market and more Rising prices are scaring investors. Here’s how inflation works, how it affects investments like ...

Credit card debt rises as some struggle to pay off holiday spending

Business
Jessica Roberts

Why medical credit cards could hurt more than help Before turning to medical credit cards or loans to cover bills, beware of ...

Stock market today: Asian markets churn upward after the Dow ticks to another record high

Business
Jessica Roberts

BANGKOK (AP) — Asian shares powered higher on Friday after the Dow Jones Industrial Average climbed to another record on excitement that ...

As interest rates likely unchanged, what to expect

Business
Jessica Roberts

Holiday inflation hitting consumers hard this season Inflation held nearly steady in November, as drops in gas prices and long-lasting goods mostly ...