The rate on the 30-year fixed mortgage declined to 6.67% from 6.95% the week prior, according. Rates fell for the eighth consecutive week and hit the lowest
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The Federal Reserve’s preferred measure of prices fell in November, another sign that inflation is easing. U.S. consumer prices slid 0.1% from October and rose
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The central bank entered 2023 having raised interest rates at the fastest pace since the 1980s as part of an aggressive campaign to cool red-hot inflation. Now
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Americans with credit card debt won’t see relief even after the Federal Reserve decided against hiking its benchmark rate last week. Their situation may even
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It’s that time of the year where Wall Street polishes up their crystal balls and pins targets on the S&P index for the upcoming year. As is often the case
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Federal Reserve Chair Jay Powell said this week that monetary policy is in "restrictive territory" and putting downward pressure on inflation, but he also made
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Home prices finished the summer at another record high as home affordability tanks to a historical low. The S&P CoreLogic Case-Shiller National Home Price Index
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The Federal Reserve's preferred inflation metric grew at its slowest pace on a monthly basis since late 2020. The Personal Consumption Expenditures (PCE) Index
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About once a year, I have to address the issue of chasing the "10 Best Days" of the year. The financial media regurgitates this same analysis whenever there is
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Restrictive policies, such as higher interest rates and tighter lending standards, will curtail the consumption that drives economic growth. Unsurprisingly
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The share of Americans rolling their credit card debt from month-to-month is for the first time higher than the portion who pay their bill in full. J.D. Power
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The Federal Reserve raised the target range for its benchmark interest rate by 0.25% and left the door open for more rate hikes this year. The latest rate
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