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Existing home sales in the U.S. rose by 2% in July, with demand bolstered by slowing price growth and declining mortgage rates, says new report
Traders were selling ahead of the possibility that Fed Chair Jerome Powell's highly anticipated speech Friday could disappoint investor hopes for a signal that interest rate cuts are coming.
Updated details indicate that the new 15 percent tariff rate is not stacked on top of existing high rates.
Robert Kaplan, former Dallas Federal Reserve President and Vice Chairman of Goldman Sachs, says if the Federal Reserve cuts interest rates in September, it may not be the beginning a rate cutting cycle. He also talks about President Donald Trump calling f
Robert Kaplan, former Dallas Federal Reserve President and Vice Chairman of Goldman Sachs, says if the Federal Reserve cuts interest rates in September, it may not be the beginning of a rate cutting cycle. He also talks about President Donald Trump callin
Official government data is starting to show what anyone looking for work has known for months: the labor market is getting tough for job seekers.
The speech could be followed by “cautiously hawkish” remarks from Jerome Powell tomorrow, according to Bitwise’s Juan Leon.
The Mountain View, California-based company's board approved a new $3.2 billion share buyback, lifting total repurchase authorization to $5.3 billion. The company provides products such as tax-preparation software TurboTax, personal finance portal Credit
The Philadelphia Fed's manufacturing survey showed that employers planned to raise prices and lower wages as tariffs place increasing pressure on U.S. producers.
Consumers are still standing but with shifting habits — trading down, delaying big buys, and forcing companies to fight margin with muscle
Elite Pharmaceuticals reports strong first-quarter fiscal 2026 results with rising direct sales, higher-margin products and expanding gross profit.
The veteran Wall Street analyst lays out a roadmap for the S&P 500.
The DOJ is potentially launching an investigation into Federal Reserve Governor Lisa Cook — unless she's fired first
NEW YORK (Reuters) -Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for U.S. central bank chief Jerome Powell's speech to the annual Jackson Hole conference in Wyoming.
U.S. manufacturing expanded in August at the fastest pace since 2022, early Purchasing Managers Index (PMI) data shows