2025 was supposed to be the year mortgage rates fell — but that's looking less likely
Mortgage rates rose Wednesday in response to new inflation data. But borrowers can still find affordability, even when rates ...
Why Bitcoin Will Make The Banks Great Again
Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
S&P 500, Dow, Nasdaq open down. Inflation unexpectedly accelerates, and it's not just eggs
US stocks fell at the open after January inflation unexpectedly heated up, likely keeping rates steady. Some economists say ...
US inflation worsened last month with prices for groceries and gasoline heading higher
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
Musk is at DOL. Here’s why that may matter for inflation
A diminishment of the bureau’s effectiveness would have real – and lasting — consequences on the ability of Fed officials to adjust rates to tame inflation or preserve the labor market. The longer it ...
Consumers don't need more hidden fees, tricky loans, or a repeat of financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
Treasury yields hold steady as investors anticipate consumer inflation data
U.S. Treasury yields held steady on Wednesday as investors brace themselves for the January consumer inflation report.
Money blog: Major lender cuts mortgage rates below 4% for first time in 2025
Every Tuesday we get an expert to answer your Money Problems. Today we hear from a reader whose company is passing down the ...
Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...