Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and ...
During his campaign, President Donald Trump focused quite a bit on fixing inflation for Americans, allowing them to buy basic necessities. Now that he is in office, Trump plans on decreasing interest ...
Gold futures set a fresh record on safe-haven demand and low U.S. dollar and Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
It doesn't look like savings rates will rise anytime soon. But that doesn't mean you're out of opportunities to earn.
A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.
Treasury yields decline after the Fed paused interest-rate cutting yesterday and amid mixed U.S. indicators. Weekly jobless claims fall to 207,000 from 223,000, indicating that labor markets remain ...
A strong employment market, high government spending and weak Aussie dollar could keep the RBA from pushing the button on rate cuts.
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
WASHINGTON (AP) — 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 ...
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.