The outlook for the world’s largest economy is more muted, however. After expanding 2.8% in 2024, GDP is seen rising 2.3% this year as cooler job growth tempers consumer demand. Moreover, Federal ...
US stocks open up after strong, not stellar, Nvidia earnings curb enthusiasm. Trump's tariff talk also adds uncertainty.
According to Freddie Mac’s benchmark survey, the rate on a 30-year fixed-rate mortgage averaged 6.85% for the week ending ...
Trump also floated a 25 per cent "reciprocal" tariff on European cars and other goods. European stocks were weaker across the ...
Applications for U.S. jobless benefits climbed to their highest level in three months, signaling potential turbulence in the ...
While the Federal Reserve slashed rates three times in 2024, they’ve kept rates steady so far this year — and some CDs are ...
The Federal Reserve's preferred yardstick showed prices rising at a faster clip than initially reported, adding to the ...
Major Wall Street indexes were mixed on Thursday as fresh U.S. data hurt sentiment, and European stock markets fell following ...
Rates on 30-year new purchase mortgages dropped for a fifth day Thursday, slipping another 3 basis points to create a week-long decline of 23 points. The current average of 6.60% establishes a new low ...
The US economy grew at an annualised 2.3% in Q4 2024, in line with estimates, while inflation pressures persisted, casting ...
The Federal Reserve should think hard before cutting interest rates in response to any weakness in the economy, Kansas City Fed President Jeffrey Schmid said Thursday. Schmid, a voting member of the ...
US economy grows at a 2.3% rate in Q4, aligning with forecasts but raising concerns for 2025. The Bureau of Economic Analysis ...