Wall Street's major stock indexes rose on Friday, recovering some losses from earlier in the week, as tech megacaps rebounded and in-line inflation data bolstered hopes for a Federal Reserve rate cut in...
The United States 30-year Treasury bond futures are a critical benchmark for long-dated interest rates. While the futures remain in a bearish market that began at the 2020 record high, 2024 has been an...
The U.S. economy grew at a 2.8% annualized rate in the second quarter, exceeding expectations, as consumer and business spending remained robust despite higher interest rates. Personal spending, a key...
Dozens of Democratic lawmakers skipped Israeli Prime Minister Benjamin Netanyahu's speech to Congress, expressing concern over civilian deaths and the humanitarian crisis in Gaza. Thousands protested near...
The U.S. goods trade deficit narrowed by 2.5% in June, falling to $96.8 billion as exports surged, signaling a potential reduction in the trade drag on GDP for Q2. However, despite this improvement, the...
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U.S. existing home sales fell more than expected in June, hitting a seasonally adjusted annual rate of 3.89 million units, the lowest since December, as the median house price reached a record high. The...
In September 2021, after enduring several months of high inflation, the U.S. Federal Reserve began describing inflation as "elevated." With the personal consumption expenditures (PCE) price index now at...
Donald Trump's vice presidential running mate, U.S. Senator J.D. Vance, will address the Republican National Convention on Wednesday, highlighting how Trump's "Make America Great Again" movement may continue...
Home mortgage lenders will have to meet new standards to ensure their tech-driven appraisals are free from flaws that might cause faulty estimates or discrimination. The Federal Reserve, along with five...