Fed sticks to earlier predictions about interest rate cuts this year
The Federal Reserve is predicting it will lower interest rates three times this year.
U.S. economy
Congress unveils $1.2 trillion plan to avert federal shutdown and bring budget fight to a close
Lawmakers introduced a $1.2 trillion spending package Thursday that sets the stage for avoiding a partial government shutdown for several key federal agencies this weekend and allows Congress, nearly six months into the budget year, to complete its work in funding the government through September.
What to expect from the Fed meeting
The Federal Reserve is meeting today to vote on whether to raise interest rates.
Global cocoa shortage causing prices to skyrocket
Satisfying your sweet tooth with chocolate is getting more expensive.
Gas prices are soaring, industry experts expect prices to continue to rise
Gas prices are higher now that they have been all year.
Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts
Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year.
Spending at U.S. retailers rebounded last month
Americans spent more in February with retailers seeing a boost after a disappointing January.
Mortgage rates tumble for the second week in a row
Mortgage rates have tumbled for the second week in a row.
S&P 500 reaches new record high
The S&P 500 managed to reach a new record high on Tuesday.
US inflation up again in February in latest sign that price pressures remain elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.
