Epic failures and sneaky loopholes in the Senate’s Cabinet confirmation process
For all the drama generated every four years by Cabinet appointments, defeat of a nominee by a vote in the Senate is ...
Morning Bid: Fed draws veil over post-election easing
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
fingerlakes11h
Bitcoin slips as Fed signals rate cuts unlikely in December
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously ...
Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed
Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming ...
Is a Money Market Account a Good Place for Your Emergency Fund?
Having access to your emergency fund is important. Learn why one type of bank account might be perfect for this.
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Treasuries Trim Weekly Loss With Focus on Data and Fed Speakers
Treasuries edged higher, paring their weekly decline as traders turned their focus from Donald Trump’s US election victory to ...
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
American Banker3h
Post-election surge in Treasury yields means more near-term CRE pain
Treasury yields rose the day after President-Elect Donald Trump was picked. The short-term result: It's harder for commercial ...
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
Gold Futures Stabilize After Trump Win Sparked Selloff
Gold futures are broadly flat at $2,573.00 a troy ounce, stabilizing after more than a week of losses. Futures are down 4.9% for the week. Gold has been weighed down by a rising U.S. dollar, ...