BlackRock CEO Larry Fink tells a 'tale of two parts of the economy'
No S&P bubble, but more rate hikes? BlackRock CEO Larry Fink details a market with large-cap momentum but looming Federal Reserve and macroeconomic uncertainty.
'Shark Tank' star Barbara Corcoran reveals when housing prices ‘will go through the roof’
Once Fed rates reach 6% low, Barbara Corcoran predicts home prices will skyrocket because "everybody's going to charge the market" to "come out and buy."
Fed leaves interest rates unchanged, says three cuts still planned
The Federal Reserve's decision on Wednesday, which was widely expected, keeps the federal funds rate between a range of 5.25% to 5.5%, a 22-year-high.
Fed’s Powell walking tightrope on rate cuts as inflation bites
The Federal Reserve's plan to begin cutting interest rates is being upended by sticky inflation as Americans continue to grapple with higher costs for everyday items.
Wholesale inflation unexpectedly accelerates to highest level since September
The Labor Department on Thursday released the closely watched producer price index, revealing just how hot wholesale inflation was running in February.
Mortgage demand roars back to life as interest rates dip below 7%
A key measure of home-purchase application jumped more than 7% last week as mortgage rates fell below the 7% threshold for the first time in two months.
Inflation ran hotter than expected in February as high prices persist
The Labor Department released the closely watched February consumer price index report Tuesday, revealing just how hot inflation was running last month.
February inflation report expected to show another 'strong' monthly increase
The Labor Department on Tuesday will release the February consumer price index data, which is expected to show that inflation remained uncomfortably high.
Americans expect high inflation to linger in latest New York Fed survey
A New York Federal Reserve survey published on Monday found that many American consumers expect inflation to remain abnormally high in the coming years.
US economy adds 275,000 jobs in February, unemployment rate ticks higher
The February jobs report showed employers continue to hire workers at a good clip, likely leaving the Federal Reserve in a holding pattern when it comes to cutting interest rates.
February jobs report expected to show hiring slowed last month
The February jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Layoffs surged in February to highest level since 2009
Layoffs in the U.S. rose 9% in February as companies battled deteriorating market and economic conditions — and more job cuts could be coming this year.
Powell says Fed won't rush to cut interest rates until inflation is conquered
Federal Reserve Chairman Jerome Powell said during congressional testimony on Wednesday that the central bank is in no rush to start cutting interest rates.
Private sector job growth rises less than expected in February: ADP
Private sector job growth rose in February but growth came in slightly under expectations, pointing to a still "dynamic" labor market, according to ADP.
Wall Street is growing more worried about 1970s-style stagflation risks
The U.S. economy could be headed toward a "stagflation" scenario, which is characterized by soaring consumer prices as well as high unemployment rates.
Americans are struggling to get a loan since the Fed started raising rates
Half of loan or financial product applications have been denied since the Federal Reserve started hiking interest rates two years ago, according to a new study.
Fed is ‘stuck’ in Greenspan era, former St. Louis Fed president says
Former Federal Reserve Bank of St. Louis President and CEO James Bullard discusses how the PCE got its reputation within the Fed and Powell's fight to tame inflation.
Credit card interest rates predicted to fall, but debt remains high
Credit card debt and consumer debt as a whole is growing, but interest rates are predicted to drop this year.
Jobless claims jumped more than expected last week
The number of Americans applying to receive unemployment benefits unexpectedly ticked higher by 13,000 last week, according to new Labor Department data.
Mortgage rates over 7% are throttling homebuyer demand
A key measure of home-purchase application plummeted more than 5% last week as mortgage rates continued to hover over 7%, crushing demand among buyers.