After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
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 ...
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
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.
Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
WASHINGTON (AP) — 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 ...
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...