Inflation has been a major concern for Americans in recent years, particularly since the COVID-19 pandemic directly contributed to a massive spike in higher costs for goods and services. Personal ...
These are today's mortgage and refinance rates. Mortgage rates are ending the week a bit higher, and they may remain elevated in the near term.
The Fed acted after Trump mandated a governmentwide hiring freeze, ordering that no federal position vacant at that time could be filled and no new positions created. "The Fed has historically ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
Beef prices are rising again because of government intervention in the monetary system and in regulation of the beef industry ...
When Hutchinson’s wastewater and water treatment plants were upgraded in 2008, Hutchinson’s utility rates were among the highest in rural Minnesota. But that has slowly started to ...
U.S. Rep. Kweisi Mfume, a Maryland Democrat, said he feared Duffy’s directives would harm some grants already announced — ...
U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025. The first monthly jobs ...
In Pennsylvania, state budget makers recently unveiled the scale of that miscalculation, with Gov. Shapiro proposing an increase of $2.5 billion in Medicaid spending in the next fiscal year.
When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.