US Economy

The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve […]

WASHINGTON – Jobs in the U.S. clean energy industry in 2023 grew at more than double the rate of the

WASHINGTON – U.S. single-family home prices fell in June, leading to the smallest annual increase in nearly a year, as

WASHINGTON – U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, but Americans

Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering

UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from

On Monday, San Francisco Federal Reserve President Mary Daly said “the time is upon us” to cut interest rates, likely

WASHINGTON – The “low-hiring, low-firing” approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond

WASHINGTON – New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was

JACKSON HOLE, Wyoming – In 2022, when the Federal Reserve’s focus shifted to combating inflation, it had to ratchet up

JACKSON HOLE, Wyoming – The Federal Reserve’s credibility in the eyes of financial markets helped in its battle against inflation

Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the economy’s momentum, academics wrote

JACKSON HOLE, Wyoming – Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of

JACKSON HOLE, Wyoming – As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were

On Friday, Federal Reserve Bank of Chicago President Austan Goolsbee said that monetary policy is quite tight and is no

JACKSON HOLE, Wyoming – On Friday, Federal Reserve Chair Jerome Powell clarified that the U.S. central bank would not shy

JACKSON HOLE, Wyoming – The imminent rate cuts planned by the U.S. Federal Reserve are “in line” with International Monetary

Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a

JACKSON HOLE, Wyoming – U.S. economic data is giving the Federal Reserve the green light to cut interest rates, financial

U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices

U.S. existing home sales rose more than expected in July, reversing four consecutive monthly declines, as improving supply and declining

JACKSON HOLE, Wyoming – On Thursday, Federal Reserve policymakers lined up in U.S. interest-rate cuts support starting next month now

NEW YORK – The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest