4 years 10 months ago
The Fed is sticking with its near zero rate policy for now, but for consumers, the days of low rates are numbered.
4 years 10 months ago
Companies added 571,000 jobs for the month, beating the 395,000 Dow Jones estimate and just ahead of September's downwardly revised 523,000.
4 years 10 months ago
A slight reprieve from rising mortgage rates did nothing to invigorate mortgage demand last week.
4 years 10 months ago
The Federal Reserve is likely to step away from a historic level of economic support and into a new regime.
4 years 10 months ago
The Federal Reserve is going to talk tapering this week, but the markets are more interested in its view on inflation.
4 years 10 months ago
The CNBC Fed Survey indicates the Fed will announce a decision to taper Wednesday and begin hiking interest rates sooner than previously forecast.
4 years 11 months ago
Treasury Secretary Janet Yellen said she has discussed with President Joe Biden how he should proceed on naming a Federal Reserve chairman.
4 years 11 months ago
The latest version of the Democrats’ Build Back Better plan would extend the expanded earned income tax credit for an additional year through 2022.
4 years 11 months ago
Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income.
4 years 11 months ago
Biden will convene a supply chain meeting with world leaders while in Rome in hopes of alleviating pressure points in the global trading system.
4 years 11 months ago
Billionaire hedge fund manager Bill Ackman called for the Fed to begin reining in the support it has provided for the U.S. economy.
4 years 11 months ago
As the pandemic recedes, it has created lingering ill effects like worker shortages, inflation and supply constraints that have delayed the economy's recovery.
4 years 11 months ago
Twitter and Square CEO Jack Dorsey recently predicted that "hyperinflation is going to change everything." Here's why economists say it's extremely unlikely.
4 years 11 months ago
Treasury Secretary Janet Yellen asserted that the infrastructure spending proposal will lower inflation by reducing costs vital to households.
4 years 11 months ago
As inflation escalates, traders are expecting a more aggressive response from the Federal Reserve than policymakers are currently indicating.
4 years 11 months ago
The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.
4 years 11 months ago
Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors.
4 years 11 months ago
Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association.
4 years 11 months ago
When the Commerce Department releases its GDP estimate, it likely will show an increase of just 2.8%.
4 years 11 months ago
There are signs that price growth could be cooling off in the otherwise red-hot housing market.
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