The national average on the 30-year fixed-rate mortgage fell to 6.86% from 6.87% the previous week, according to Freddie Mac’s report published Thursday. Rates have fallen...
But even more importantly, by excluding volatile food and energy prices, the core PCE price index, which draws even closer scrutiny from Fed policymakers, is expected...
Kativ/Getty Images Dreaming about retiring with a million dollars in the bank? Who is not? There is a lot of conventional financial advice that seems good...
Unfavorable inflation data in recent months and high interest rates have led to slower-than-expected retail sales growth in May. Retail sales rose 0.1%, but fell short...
(Bloomberg) — It all started with a cryptic quote from President Xi Jinping buried in a 172-page book about the financial sector. Three months later, plans...
SHANGHAI/SINGAPORE (Reuters) – China kept benchmark interest rates unchanged at a fixed monthly value this Thursday, in line with market expectations. BECAUSE IT’S IMPORTANT LPR’s monthly...
(Bloomberg) — U.S. retail sales barely rose in May and previous months were revised downward, pointing to greater financial pressure among consumers. Bloomberg’s Most Read The...
SHANGHAI/SINGAPORE (Reuters) – China’s central bank left a key interest rate unchanged as expected on Monday as it rolled over past due medium-term loans and drained...
Another “DeFi Summer” is taking place in what has traditionally been the most speculative corner of crypto, with activity surpassing levels seen before the collapse of...
Savers, it’s time for your happy dance. Interest rates will remain higher for longer in 2024. Federal Reserve maintained interest rates hit a 23-year high this...
