Browsing: economy
JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust US economy backed by strong employment and healthy consumer finances.…
US stocks soared on Monday in choppy trading after steep losses in the previous session as easing Middle East tensions buoyed risk appetite, while…
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising…
Prospective homebuyers are facing higher costs to finance a home with the average long-term US mortgage rate moving above 7%…
US single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses…
Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed rate cuts until later…
The threat of a widening war in the Middle East coupled with disappointing earnings reports from US banks prompted a…
The average long-term US mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during…
Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the…
The three major stock indexes fell more than 1% each and the S&P 500 had its biggest daily percentage drop…