Federal Reserve

Inflation rose in line with expectations in February as price pressures in the economy remain uncomfortably high, according to CPI data released Tuesday.

The consumer price index likely remained stubbornly high in February as inflation continues to inflict financial pain on millions of American households.

Wall Street is now betting the Fed will pause its interest rate hike campaign next week amid fallout from the SVB failure, sending mortgage rates tumbling.

Fallout from the Silicon Valley Bank collapse last week could affect the Federal Reserve's interest-rate hike decision at its two-day meeting next week.

Charles Schwab's chief financial officer moved to reassure investors as the stock tumbled in the wake of Silicon Valley Bank's implosion and amid possible contagion fears.

First Republic Bank and other regional banks saw steep losses on Monday after the collapse of Silicon Valley Bank raised fears about the financial system.

FOX Business' Stuart Varney argued Biden's government spending and the Federal Reserve's "massive" money printing program helped create the current banking crisis.

Homeowner-hopefuls Sam and Jacky Pascal describe the emotional journey of being unable to find a suitable first-time home amid worse affordability than the 2008 crash.

The Federal Reserve and FDIC have reportedly discussed creating a fund to protect deposits if more banks come under financial distress.

Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.

The economy added more than 300,000 jobs, beating expectations in February. This strong job market combined with ongoing high inflation may push the Fed to take a more aggressive stand toward interest rate increases.

Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.

The February payroll report released Friday provided a key snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.

The Labor Department's February payroll report will shed light on the health of the labor market amid steeper interest rates when it is released on Friday.

The Federal Reserves renewed hawkishness as inflation continues has sent Mortgage rates soaring to the highest its been since November.

Applications for U.S. unemployment benefits last week climbed to the highest level since late December, pointing to some softness in the labor market.

There are still far more job openings than there were before the pandemic giving the Federal Reserve an opening to attack inflation with steeper rate hikes.

Bets are climbing that the Federal Reserve raises interest rates by a half-percentage point later this month in the face of stubbornly high inflation.

Home Depot co-founder and billionaire Ken Langone warns inflation is "the most regressive tax of all," arguing Joe Biden and Jerome Powell can't avert a serious financial crisis.

The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.