The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

Americans aren’t strangers to debt. The average consumer owes a little over $6,000 on credit cards, per the Federal Reserve, which is problematic given the rate at which credit card interest can ...

Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...

The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...

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 ...

The Fed left the rate unchanged as expected, while the ECB slashed the interest rate by 0.25 percentage point, " Alexander Shepelev noted ...

The US Federal Reserve has left its benchmark interest rate unchanged, due to stubbornly high inflation. US President Donald ...

But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The Fed kept its short-term rate at 4.25% to 4.50% on Wednesday in its first rate decision of 2025, after making a 1-percentage-point reduction in the final months of 2024. But th ...

European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.