After three consecutive decisions to lower the federal funds rate, the Federal Open Market Committee (FOMC) paused rate cuts ...
First-time homebuyers can save thousands over the life of a loan by “buying down” their interest rate before closing, and consumers who want their cash to work harder are increasingly turning to ...
US stocks ended down after Trump said he's choosing Kevin Warsh to be the next Fed chair. Gold and sliver posted their largest 1-day drop since 1980.
Mortgage interest rates have moved lower from late last summer through to the new year, often ahead of the Fed’s cuts. The central bankers’ latest announcement is unlikely to move mortgage rates, but ...
With yields still elevated and credit fundamentals remaining strong, municipal bonds are offering renewed flexibility for ...
Trump made Warsh his pick following a long campaign to replace current Fed Chair Jerome Powell with a leader willing to slash interest rates. Warsh has developed a reputation as an inflation hawk, or ...
Trump's nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that ...
Economic historians usually are mistaken when looking at the causes of the Panic of 1857. Douglas E. French sets the record straight.
Top CDs today offer up to 4.27% APY -- consider locking in a strong return now before rates drift lower as we get further ...
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
President Trump announced Friday his intention to nominate Kevin Warsh to chair the Federal Reserve Board, ending months of speculation about his plans for the bank. Warsh’s experience on the Fed ...
Financial markets churned on Friday as investors tried to figure out what President Donald Trump's new nominee to lead the ...