Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
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Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
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 ...
December PCE inflation expected to tick up, but that's no cause for alarm
Inflation remains a concern for the Federal Reserve and provides the chief reason why the Federal Open Market Committee ...
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U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...
Average mortgage rate eases for second week in a row
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
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 ...
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U.S. economy grew solid 2.3% during 4th quarter
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 Business News5h
Cantor: Long Island’s 2025 economy: dependent on unfolding uncertainties
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.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.