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Both the unemployment rate, at 4.2 percent, and the number of unemployed people, at 7.2 million, changed little in July. The ...
This is the fourth week in a row that rates have come down. The latest average rate on a 30-year mortgage is now at its ...
Chicago Federal Reserve president Austan Goolsbee described President Trump’s wide-ranging tariffs as “stagflationary” on ...
While the S&P 500 and Nasdaq have notched 18 and 19 record highs this year, respectively, the Dow is still chasing its first ...
The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.
Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the US wholesale level than economists expected. But gains for Amazon and some other ...
U.S. stocks are hanging around their record levels as Wall Street heads toward the finish of another winning week.
The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...
As of 7/31/25, WDI has outperformed the Morningstar Fixed Income CEF category by a wide margin so far in 2025, rising 12.4% ...
The Federal Reserve is expected to cut interest rates by 25 basis points in its next meeting in September— the first reduction this year — followed by ...
Wholesale inflation surged 0.9% in July, dashing Fed rate cut hopes. Traders brace for higher yields as services lead price ...