If you bought a gold bar at Costco last year, here is what it's worth now
Gold prices surpassed $4,000 for the first time on Tuesday, continuing a record-breaking rally driven by economic uncertainty and Federal Reserve rate cut expectations.
Gold FOMO could push metal to $4,000
Gold's explosive growth this year is showing no signs of a slowdown. In fact, State Street sees a new milestone for the precious metal coming soon.
The September jobs report is delayed by the government shutdown - what was it expected to show?
The ongoing government shutdown delayed the anticipated September jobs report, which economists estimated would show 50,000 jobs added and the unemployment rate holding steady at 4.3%.
Why are mortgage rates increasing despite a rate cut from the Fed?
Mortgage rates are climbing for the second week in a row, even after the Federal Reserve’s first rate cut in nearly a year — highlighting how a range of factors drive rates on home loans.
What is the significance of Trump's effort to remove the Fed's Lisa Cook?
President Trump's attempt to fire Fed Governor Lisa Cook over alleged mortgage fraud set off an unprecedented legal battle and carries significance for the Fed's monetary policymakers.
Fed president warns inflation is 'going the wrong way' as tariff concerns mount
Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.
Fed's Goolsbee says central bank has other data options if shutdown disrupts economic reports
Chicago Federal Reserve President Austan Goolsbee warns that a potential government shutdown could have a significant effect on the release dates of key economic data.
Fed's favored inflation gauge shows consumer prices remained elevated in August
The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.
Trump’s newest Fed governor Stephen Miran vows to be ‘as independent as I can’
Federal Reserve Governor Stephen Miran emphasized his commitment to independence from political pressure, even as his ties to the Trump administration role draws scrutiny.
Fed Governor Miran defends call for bigger interest rate cut
Newly confirmed Federal Reserve Governor Stephen Miran discusses his stance on interest rates and expresses optimism for economic growth in the second half of the year.
What the Fed’s first rate cut of the year means for your wallet
Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit.
What is the Fed's outlook for interest rate cuts, inflation and jobs for the remainder of the year?
Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central bank begins cutting rates after holding them steady all year.
Powell declines to weigh in on Lisa Cook’s high-stakes court fight with Trump
Federal Reserve Chair Jerome Powell declined to address the ongoing legal dispute between Fed Governor Lisa Cook and President Donald Trump.
Experts warn Federal Reserve has 'frozen up' the American dream with 'incompetence'
Experts and politicians debate what the Federal Reserve should do to unfreeze the housing market and help buyers and sellers save more money and their spending power.
Fed cuts interest rates for first time this year amid weakening labor market
The Federal Reserve cut interest rates for the first time in 2025, with the 25-basis-point reduction coming amid signs of a slowdown in the jobs market despite elevated inflation.
Senate Banking Chairman says 50 basis point rate cut is a possibility, backs Trump’s new Fed Governor
Senator Tim Scott, chairman of the powerful Senate Banking Committee, said a half point rate cut is possible today.
Fed expected to cut rates for first time in 2025 amid Trump pressure
Fed policymakers expected to cut benchmark interest rate by 25 basis points amid labor market weakness and inflation rising further above the central bank's 2% target.
Senate confirms Stephen Miran to Fed board ahead of crucial rate cut meeting
The Senate confirmed President Donald Trump's pick, Stephen Miran, a top White House economist, to join the Federal Reserve Board of Governors.
Inflation remained stubbornly high in August as Fed weighs rate cuts
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.
'This ruling is not the final word:' Trump appeals order blocking him from firing Fed governor Cook
Trump has challenged a court ruling protecting Lisa Cook's Fed position as the Justice Department opens a criminal probe into mortgage application fraud.