US Economy

Contracts to buy U.S. previously owned homes jumped by the most in more than four years in September on a […]

The interest rate for the most popular U.S. home loan jumped last week to 6.73%, its highest since July, adding

WASHINGTON – The U.S. economy grew solidly in the third quarter, with consumer spending increasing at its fastest pace in

WASHINGTON – U.S. single-family home prices increased in August amid still tight supply, which together with elevated mortgage rates continue

Federal Reserve policymakers are nearly certain to deliver a quarter-point reduction in short-term borrowing costs next week, traders bet on

BENGALURU – The U.S. Federal Reserve will cut its key interest rate by 25 basis points on November 7, according

WASHINGTON – U.S. job openings dropped to more than a 3-1/2-year low in September, but nearly all the decline in

This past summer, leads for Brian Brown’s landscaping business near Lake Tahoe were drying up. “We’d put together bids, call

NEW YORK – Ahead of the U.S. presidential election next week, investors in interest rate options are putting on trades

The nine days until Federal Reserve officials sit down to decide what to do next with interest rates features a

WASHINGTON – On Friday, government data showed that strikes in the aerospace manufacturing industry and at three hotel chains could

WASHINGTON – New orders for key U.S.-manufactured capital goods increased more than expected in September. However, business spending on equipment

NEW YORK – Beth Hammack, the Federal Reserve Bank of Cleveland President, said Thursday inflation pressures have been easing but

WASHINGTON – U.S. business activity increased in October amid strong demand, and firms raised prices for goods and services at

WASHINGTON – Sales of new U.S. single-family homes increased to the highest level in nearly 1-1/2 years in September as

WASHINGTON – U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on

WASHINGTON – New applications for U.S. unemployment aid unexpectedly fell last week. However, the number of people collecting benefits in

LONDON – A widening U.S. fiscal deficit is a growing concern and the threat of recurrent debt-ceiling standoffs and associated

WASHINGTON – U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and

U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing

WASHINGTON – The U.S. economy will continue to provide most of the thrust for global growth through the balance of

On Monday, Jeffrey Schmid, the Kansas City Federal Reserve Bank President, said he supports a “cautious and deliberate” approach to

On Monday, Neel Kashkari, the Minneapolis Federal Reserve Bank President, again said he expects “modest” interest rate cuts over the

NEW YORK – Lorie Logan, the Federal Reserve Bank of Dallas President, said Monday she sees more rate cuts ahead