30-year mortgage rates edged lower today. The average interest rate on a 30-year home purchase mortgage is 6.823%, down from 6.843% on Friday, according to Zillow data. Refinance rates are slightly ...
Major stock indexes are hovering near unchanged to kick off the week as investors prepare for a busy stretch of economic data and earnings. The S&P 500, which closed at a record high on Friday, was up ...
Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-quarter earnings ...
Mainstream economists believe that central banks can “control” inflation, which they believe actually boosts the economy. The ...
Wall Street's main indexes inched lower on Monday after the S&P 500 and the Dow hit record highs last week, as investors weighed Iran developments.
Meanwhile, the labor market has remained resilient, with unemployment at a very low 4.2%, so it doesn't need support from the ...
LONDON >> The dollar steadied at a near two-month low today following Friday’s soft jobs data, as investors awaited this week’s inflation data for more clues on the Federal Reserve’s rate path.
Among the elements that justified a HOLD rating in the last coverage, there was inflation still above 3%, uncertainty about ...
For all the warnings in the latest U.S. employment report that the Federal Reserve should think twice about raising interest rates, the labor market's most important health measure is signaling that ...
The July jobs report was bad, but the context is worse: people leaving the labor force, stubborn inflation and rising bond ...
Kevin Hassett says he won't replace Fed Governor Lisa Cook after the Supreme Court blocked her removal, as inflation data ...