US Economy

WASHINGTON – The International Monetary Fund views Wednesday’s Federal Reserve interest rate cut and adoption of a more cautious outlook […]

WASHINGTON – U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal

WASHINGTON – The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing

A slightly more hawkish set of Federal Reserve regional bank presidents will become voters on the U.S. central bank’s rate-setting

NEW YORK – Federal Reserve Chairman Jerome Powell said Wednesday it’s too soon to say what President-elect Donald Trump’s proposed

WASHINGTON – On Wednesday, U.S. central bankers issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising

WASHINGTON – The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions

WASHINGTON – The U.S. current account deficit widened to a record high in the third quarter on strong growth in

WASHINGTON – U.S. single-family homebuilding rebounded in November as the drag from hurricanes faded, but the threat of tariffs on

WASHINGTON – The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling a

WASHINGTON – The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be

WASHINGTON – U.S. manufacturing production rebounded less than expected in November as the boost from motor vehicle output was partially

WASHINGTON – U.S. business inventories edged up in October as modest increases in stocks at retailers and wholesalers were partially

WASHINGTON – U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and

WASHINGTON – Since Donald Trump’s election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have

WASHINGTON – U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level

WASHINGTON – U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure

WASHINGTON – Dreanda Cordero reentered the job market this year after a five-year break to raise three children, landing a

WASHINGTON – U.S. import prices barely rose in November as increases in the costs of food and fuels were partially

WASHINGTON – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a

WASHINGTON – The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to

WASHINGTON – U.S. producer prices increased by the most in five months in November but easing costs of services such

WASHINGTON – U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if

WASHINGTON – The number of Americans filing new applications for jobless benefits unexpectedly rose last week and more people continued