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The federal funds rate, set by the Federal Reserve, is the rate at which banks borrow and lend to one another. While the rates that consumers pay to borrow money aren’t directly linked to this rate, ...
Myriad Markets users overwhelmingly think Powell will wear a purple tie at Wednesday's Fed meeting. Here's why they're so ...
Donald Trump urged reporters to start digging into officials’ mortgage records. Three weeks later, he probably wishes he hadn’t offered that advice.
Mortgage rates just saw their biggest one-day drop in months—hitting their lowest level since late 2022. The average 30-year fixed rate dipped to 6.13% on Tuesday, as investors anticipate a widely ...
The Federal Reserve announced its first rate cut this year. Learn what it means for your finances and how you can take ...
Your first major career transition sets the template for every transition that follows. The job market will always have shiny objects. The fearless professional has the clarity and discipline to ...
The government statistician President Trump fired for releasing a gloomy jobs report last month warned that her firing is a bad omen for the American economy. Erika McEntarfer, a labor economist who ...
Refinancing surged ahead of an anticipated Federal Reserve rate cut, as homeowners jumped on a dip in mortgage rates.
A study reveals that the lack of spring rains largely explains the water deficit in the Colorado River since 2000.
Gold and silver prices moved lower Wednesday in what Jim Wyckoff, senior market analyst at Kitco.com referred to as ...
Economists and investors anticipate a quarter percentage point cut as reports suggest the jobs market is weaker than previously believed. Economists surveyed by Bloomberg expect one or two more rate ...