Finance

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

Manhattan District Attorney Alvin Bragg calls for leading digital payment apps, including Venmo, Zelle and Cash App, to strengthen user's security safeguards amid an uptick in crime.

A business plan is a document that outlines the specific goals for a company and how those goals will be met. There are many elements a proper plan should include.

Crafting and achieving solid financial goals in the new year involves specificity, adaptability and a strategic plan for success. Learn steps toward a secure financial future.

Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.

The average 30-year fixed-rate mortgage was 6.62% for the week ending Jan. 4, according to Freddie Mac's latest Primary Mortgage Market Survey. However, many perspective homebuyers said they need rates to fall before buying a house.

Higher living costs are why Americans think it will be more challenging to meet financial goals next year, but many are taking steps to make sure they don't miss the mark, a recent survey said.

Cryptocurrency has increased in popularity, which has led to more frequent— and sophisticated — schemes in recent years as scammers look to take advantage of investors.

U.S. economic growth expanded at 4.9% in the third quarter of 2023, the Bureau of Economic Analysis said Thursday in a revised estimate.

Chicago Federal Reserve Bank President Austan Goolsbee said Sunday that although the central bank has made good progress in bringing down inflation it's "too early to declare victory."

Charles McGonigal has been sentenced to four years in prison after pleading guilty to working for sanctioned Russian oligarch Oleg Deripaska.

The Federal Reserve announced a third interest rate pause during its December meeting on Wednesday, still leaving the federal funds rate at a 22-year high of 5.25% to 5.5%.

The United States and United Kingdom have announced a fourth round of sanctions on Hamas officials, this time targeting key financiers belonging to the terrorist organization.

On an annual basis, consumer prices rose 3.1% in November, down from 3.2% growth last month and in line with economists' expectations.

Employment rose by 199,000 in November, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS).

The Federal Reserve's efforts to lower inflation have pushed interest rates to an all-time high, which means consumers pay more to borrow but could be earning more on savings, a recent survey by Santander said.

Fannie Mae said it expects mortgage rates to decline gradually over the next two years, which will trigger a modest rebound in home sales, according to its latest economic forecast report.

Hamas likely reaped massive windfall while betting against Israeli stocks in the days before the Oct. 7 attacks by the terrorist group, a report claims.

Over 40 bipartisan members of Congress are calling for restrictions on outbound investments to adversarial countries like China to prevent those funds from aiding their military.

Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.