Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...

A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...

Inflation remains a concern for the Federal Reserve and provides the chief reason why the Federal Open Market Committee ...

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.

The latest U.S. Federal Reserve meeting saw interest rates remain on hold as it seeks to make more progress on lowering ...

The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts ...