News

Dollar steadies after tumble as investors eye imminent Fed cuts
A battered dollar edged marginally higher on Monday after a dismal U.S. jobs report and President Donald Trump's firing of a ...
Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS
The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...
Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue
"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall." ...
Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
The Fed is concerned. This economist explains exactly why.
KPMG US chief economist Diane Swonk joins Market Domination with Josh Lipton to discuss what the Federal Reserve is concerned ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Economic fears of investors are here — and fed by Trump’s reaction
For months, the U.S. economy appeared to be weathering the disruptive effects of President Donald Trump’s trade and ...
Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...