News

Economic analyst on alarming new data: 'Not the direction you want to be moving in'
Recent projections from the Federal Reserve could signal trouble ahead for Trump's economy, MSNBC's Steve Rattner told ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
US stocks climb to the brink of a record
NEW YORK (AP) — The U.S. stock market is rising toward the brink of another record. The S&P 500 was 0.6% higher in midday ...
Treasuries rally, dollar slumps as Trump eyes Powell successor
The dollar fell and US Treasuries rallied after a report that President Donald Trump is considering naming Federal Reserve Chair Jerome Powell’s successor well before the incumbent’s term is scheduled ...
FedScoop52m
Fed chair sees AI creating ‘significant changes’ to US workforce
Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the ...
U.S. stocks rise to the brink of a new record, recover nearly all the springtime decline
A third report said the U.S. economy shrank by more during the first three months of 2025 than earlier estimated. But many ...
The Fed’s moves on interest rates aren’t just about Trump’s pick for chair. Here’s the math.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?
Fed Officials Are Could Be Split On Whether To Cut Interest Rates In July
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...
Grads facing tough job market
Joblessness among that group is now higher than the overall unemployment rate, and the gap is larger than it has been in more ...
Mortgage rate drops to 6.77%, lowest level since early May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective ...
College graduates face toughest job market in more than a decade as hiring slows
“It stings a little bit,” she said. “I never imagined it would be this difficult just to get a foot in the door.” ...