Federal Reserve

High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.

The latest CPI data is expected to show that prices are continuing to ease but remain higher than they were pre-pandemic and still above the Federal Reserve's 2% target level.

Federal Reserve Chair Jerome Powell said Thursday that despite recent declines, inflation still remains too high for the central bank to declare victory.

Climate protesters interrupted a speech by Federal Reserve Chairman Jerome Powell on Thursday, causing the central bank chief to be briefly escorted off the stage.

FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.

The total number of homes for sale on the market tumbled in October for the fourth straight month, a sign the housing shortage is continuing to deepen.

Home-purchase applications increased for the first time in a month as mortgage rates posted a sharp decline, boosting demand among would-be homebuyers.

A pause in interest rate hikes may offer no relief to people dealing with large amounts of credit card debt amid high inflation. But there are ways to pay off debt quickly.

Credit card debt smashed another record at the end of September as American consumers continued to rely on their cards to pay for everyday necessities.

The "Shark Tank" star and O'Leary Ventures chairman warned inflation will be a "very hot political potato" as Americans are forced to downsize their homes, cars and lifestyles.

Grant Thornton LLP, one of the largest accounting firms in the United States, will lay off 200 employees over recession fears. The latest round follows 300 this summer.

The October jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.

The October jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.

The National Retail Federation on Thursday projected that retail sales could hit a record high this year, despite high interest rates and ongoing inflation.

Freddie Mac on Thursday said that mortgage rates paused their multi-week climb last week, but continued to hover near the highest level in two decades.

The Federal Reserve announced another pause on interest rate hikes during its November meeting on Wednesday.

The Federal Reserve paused its interest-rate hike campaign on Wednesday for the third time this year despite signs that inflation remains unusually high.

The number of available jobs unexpectedly rose in September to 9.6 million, a worrisome sign for the Federal Reserve in its fight to wrangle inflation.

Despite elevated mortgage rates, consumers may find some relief with new property listings in a tight housing market, according to a Zillow forecast. Here's what you need to know.

The Federal Reserve is likely to hold interest rates steady at a 22-year high on Wednesday, even as inflation remains above the central bank's 2% goal.