Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ...
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
Tariffs are a wild-card for inflation this year, but it is too soon to say what any changes will mean for the Federal Reserve ...
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of ...
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and ...
The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.
Biden is handing over a world that is running perilously amok under a permissive environment that began with his disastrous ...
Investors initially expected multiple rate cuts in 2024, but now anticipate at most one, reflecting the Fed's ongoing ...
Nearly every major agency is predicting rates in the 6s or higher for 2025. But could rates drop into the 5s? There's a solid ...