Federal Reserve

Home-purchase applications tumbled last week to the lowest level in nearly three decades as high interest rates and limited availability weighed on demand.

Hiring by private U.S. companies cooled sharply in September, indicating that the labor market is beginning to soften as a result of higher interest rates.

As bond yields climb to 16-year highs, investors are trading stocks for low- to no-risk options, creating headwinds for the Dow, S&P 500 and Nasdaq Composite.

The number of available jobs in the U.S. unexpectedly rose in August to 9.6 million, a worrisome sign for the Federal Reserve in its war against inflation.

An inflation measure that is closely watched by the Federal Reserve accelerated in August, underscoring the challenge in combating steep consumer prices.

Mortgage rates hit their highest point in more than two decades. But as high home prices and rates weigh down on homebuyers, many sellers are willing to negotiate.

After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.

Inflation and rising interest rates are costing consumers and spooking markets, creating further headwinds for the U.S. economy just as the 2024 season election kicks into gear.

Home-purchase applications slumped again last week as mortgage rates surged to the highest level since 2000, rapidly cooling demand among would-be buyers.

Minneapolis Fed President Neel Kashkari wrote that he sees a 40% chance the Fed will need to raise interest rates "meaningfully higher" to achieve its target rate for inflation.

Consumer confidence fell in September for the second month in a row while Americans fears rose that the U.S. could potentially be headed into a recession.

JPMorgan Chase CEO Jamie Dimon recently weighed in on the path US interest rates could take in the future, saying they "may go up more," according to The Times of India.

Sales of new U.S. homes fell more than expected in August as mortgage rates shot back above 7%, locking many would-be homebuyers out of the housing market.

U.S. home prices continued to march higher in July, according to new S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.

The Federal Reserve has signaled that high interest rates are here to stay, meaning Americans will face more expensive borrowing costs for years to come.

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy

Americans are holding over $1 trillion in credit card debt, yet many are not quite sure what the monthly interest charge is, costing some spenders hundreds of extra dollars each month in addition to the monthly payment.

Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.

The average 30-year fixed-rate mortgage increased to 7.19% for the week ending Sept. 21, according to Freddie Mac's latest Primary Mortgage Market Survey.