Federal Reserve System

Inflation lingers, but will interest rate change?

Business
Jessica Roberts

Annual inflation rate cools to 3.3% but remains well above Federal Reserve’s target The government has released new inflation data showing a ...

Wall Street drifts to a mixed close as Nasdaq notches another record

Business
Jessica Roberts

NEW YORK (AP) — Most U.S. stock indexes edged higher after a quiet day of mixed trading Monday following their latest winning ...

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 ...