Browsing: economy
The US bull market is going strong as it nears its four-year anniversary, driven by an AI spending engine that…
Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according…
The giant hedge fund Bridgewater Associates has emerged as an unlikely voice for the little guy in the AI debate,…
The average long-term US mortgage rate jumped this week to its highest level in nearly three years. The benchmark 30-year…
The Federal Reserve’s preferred inflation gauge in August came in cooler than expected — likely delaying another interest-rate hike until…
The average long-term US mortgage rate rose this week above 7% for the first time since January 2025, the latest…
Sales of new US single-family homes surged to an eight-month high in August as buyers took advantage of price cuts…
Mortgage rates climbed for the fourth week in a row, driving the average long-term US home loan rate to just…
Americans’ household income hit a record high in 2025 while the poverty rate fell to its lowest level ever, according…
Back-to-back hotter-than-expected inflation readings may disappoint the majority of US central bankers who had been counting on price pressures easing…