Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy ...
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Jim Cramer Calls General Motors (GM) Selloff ‘Ridiculous, Ridiculous, Ridiculous’
We recently published a list of Jim Cramer Discusses These 10 Stocks, The Fed Chair & Lower AI Costs. In this article, we are ...
SA suburbs with 100 per cent mortgage stress
Interest rates and cost-of-living pressures are pushing South Australian homeowners to the brink, with 100 per cent of ...
Fewer Americans apply for jobless benefits last week as labor market shows continued strength
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
As it happened: Brisbane on Friday, January 31
The girl was reportedly suffering from bruises, burns, fractures and disfigurement when located by Logan investigators on January 9. She has since been taken to Logan Hospital for treatment. “The ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
US weekly jobless claims decline more than expected
The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to low ...