Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

U.S. stocks looked set to take a breather on Friday, closing out a great week for the market that revived investors’ dream of a so-called soft landing. Futures for the Dow Jones Industrial Average ...

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Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Census numbers show Trumponomics wallops Biden-Kamalanomics. No matter how political the Fed chairman, Jay Powell, may be, ...