Biden's Fed nominee Raskin opposed by 24 state financial officers over 'radical' economic views
Sarah Bloom Raskin, nominated by President Biden earlier this month for the Fed's top regulatory job, is facing pushback from 24 state financial officers, who have sounded the alarm over her "radical" economic views.
30-year mortgage rates drop slightly as market awaits Fed’s March rate hike
Mortgage rates took a temporary pause from their upward growth, decreasing slightly for this week. But experts say it won't last for long.
Another small interest rate hike will still hit your wallet
The Federal Reserve is set to hike interest rates yet again on Wednesday, and while it will likely be a smaller increase, the move will still mean higher costs for borrowers.
Fed signals March rate hike – here’s what that means for your wallet
The Federal Reserve signaled it will raise rates in March. Here's how that will affect your wallet.
Key inflation gauge surges 5.8% in December, fastest pace in four decades
Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.
Major US port hits container record as supply chain disruptions continue to roil US
The Port of Savannah hit a container record last year, handling nearly six million container units of imports and exports amid continued supply chain bottlenecks.
Fed Chair, Ford CEO agree: No quick fix for semiconductor crunch
There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.
Fed statement, inflation update and Powell press conference: RECAP
Fed Chairman Jerome Powell is under pressure to get inflation under control without raising interest rates too fast.
Fed signals interest rate hike could come 'soon' as inflation rages
The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.
Yellen threw gasoline into ‘inflation fire’: Former White House economist
Former Chairman of the Council of Economic Advisers Kevin Hassett joined “Mornings with Maria,” Wednesday, arguing that Treasury Secretary Janet Yellen threw gasoline into the “inflation fire” and discussed Yellen rebranding Biden’s economic agenda as “modern supply-side economics.”
Fed likely to pave the way for March rate hike at key meeting this week
The Federal Reserve is expected to signal its first interest rate hike in three years during a pivotal two-day meeting this week, opening the door to a March liftoff as policymakers seek to combat the hottest inflation in four decades.
Dow curbs 800+ point loss as stocks close down, but off lows
Stock investors brace for more big market swings following one of the biggest trading comebacks in history.
NYC real estate expert on record market: Opportunities for 'good deals' still exist
“Million Dollar Listing” star Ryan Serhant argued that opportunities for good real estate deals in New York City still exist despite the surge in demand.
Stock market’s crazy ride, what happened?
It was a stock market reversal for the record books.
Biden Fed nominee says regulators should push to 'allocate capital' away from fossil fuels
Just a couple of months after blocking Saule Omarova's nomination to be the comptroller of the currency, Banking Committee Republicans have their next target in Sarah Bloom Raskin.
Bank of America CEO: US economy will normalize in 2023
Bank of America CEO Brian Moynihan predicted the economy could grow by 4% in 2022 and said that it's the Fed's "job" to bring it back to pre-pandemic levels.
The stock market in Biden’s first year
Biden's first year in office has been a positive one for U.S. stocks, however his returns lag both Trump and Obama in their first year.
Market expert warns government response to COVID triggering 'cobra effect'
Larry McDonald, founder and editor of The Bear Traps Report discusses the country's rocky economic recovery
Biden tasks Fed with inflation fight
President Biden says the Federal Reserve has the job of addressing soaring inflation, as he continues to press for trillions more in government spending
Mortgage rates rise to prepare for Fed rate hikes
In the second week of January, the 30-year mortgage rate rose to the highest point since March 2020 in preparation for the Fed to raise rates during this quarter.


















