Last week, President Trump said he will "demand" that the Federal Reserve cut interest rates. Fed chair Jerome Powell ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The US Federal Reserve has left its benchmark interest rate unchanged, due to stubbornly high inflation. US President Donald ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Gold futures set a fresh record on safe-haven demand and low U.S. dollar and Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in ...
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.
Treasury yields decline after the Fed paused interest-rate cutting yesterday and amid mixed U.S. indicators. Weekly jobless claims fall to 207,000 from 223,000, indicating that labor markets remain ...
A strong employment market, high government spending and weak Aussie dollar could keep the RBA from pushing the button on rate cuts.