Long-term interest rates back off, while short-term indicators stay strong. Learn why inflation and consumer spending trends slow down amid a strong US dollar.
Across-the-board lower personal loan interest rates are unlikely in early 2025, despite three Fed rate cuts in the latter part of 2024. The Federal Open Market Committee opted to hold the federal ...
S&P 500 Today: Apple Gains on AI News While Powell’s Rate Stance Dampens Market Sentiment35 minutes ago U.S. Dollar Pulls Back As Traders Focus On Powell’s Testimony: Analysis For EUR/USD ...
In an expanding economy, the GDP growth rate will be positive because businesses are growing and creating jobs for greater productivity. A period of contraction will follow when businesses hold ...
The January 6 committee and records: Trump repeated his false claim that the House select committee that investigated the attack on the Capitol “deleted and destroyed all of the information that ...
A global share rally this week has alleviated policymakers' fears Trump's tariff threats could trigger market turmoil, further heightening the chance of a rate hike on Friday. Receding bets of ...
“The risk of a false positive is too high.” Fiesler says. “It's hard to defend yourself against a flawed algorithm.” Part of ...
“The risk of a false positive is too high.” Fiesler says. “It's hard to defend yourself against a flawed algorithm.” Part of the problem is that there’s a lag between how quickly AI has ...
But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...
President Donald Trump speaks from Emancipation Hall as House Speaker Mike Johnson, from left, his wife Kelly Johnson, House Majority Leader Steve Scalise, R-La., and his wife Jennifer Scalise ...
For example, Federal Reserve Governor Lisa Cook said on January 6, “The labor market is solid, with the unemployment rate still relatively low and Americans, on average, bringing home paychecks ...