Federal Reserve raises rates to 3.75-4 percent in first hike since July 2023
The Federal Reserve raised its benchmark rate by a quarter point on…
Private credit default rate hits record 6.3 percent in August Fitch says
The U.S. private credit market's default rate reached a record 6.3 percent…
Federal Reserve opens Sept. 15 meeting with quarter-point hike fully priced in
The Federal Reserve opened its two-day policy meeting on Sept. 15 as…
Inflation unchanged at 3.4 percent and the Federal Reserve and the rate question
The U.S. annual inflation rate held steady at 3.4 percent in August…
Inflation at 3.4 percent in July still above the Fed target but heading right
U.S. inflation eased slightly in July, with the annual rate slipping to…
Mortgage rate jump is pricing more buyers out of affordable homes
Mortgage rates have climbed to their highest point in nearly a year,…
High-yield savings accounts still pay over 4 percent in 2026
If your savings are sitting in a traditional bank account earning close…
Bank of America rips up its economic forecasts and braces for $100 oil all year on Iran war fallout
Bank of America has significantly revised its economic outlook, warning that the…
Bond markets are doing what the Fed is too cautious to do right now
The Federal Reserve finds itself in an unusually uncomfortable position. With oil…
Rising gas prices hit $3.92 and inflation fears are growing fast
Gas prices in the United States have surged by nearly $1 per…
