Economy
September Inflation Sizzles at 3.7%; Social Security Benefits Rise 3.6%
Consumer prices surged 3.7% in September, prompting a 3.6% increase in Social Security benefits for next year, offering an average $75 monthly...
#Federal Reserve 115 articles
Economy
US Inflation Hits 3.7% as Gas, Semiconductors Push Prices Higher
U.S. inflation accelerated to 3.7% last month, driven by rising gas prices, air fares, and semiconductor costs, posing an ongoing economic challenge.
Stocks
Stocks Plunge Worst Day Since July on Rate Hike Fears
U.S. stocks saw their sharpest decline since July on Wednesday, driven by inflation data and expectations of Federal Reserve interest rate hikes....
Markets
Gold Extends Losses on Fed Rate Hike Prospects
Gold prices fell for a third consecutive session on Wednesday, driven by investor speculation regarding another Federal Reserve interest-rate increase before year-end.
Stocks
Retail Giants, Fed Minutes Shape Wall Street’s Economic View
Home Depot and Walmart earnings, alongside Federal Reserve meeting minutes, will offer critical insights into consumer spending and interest rate policy this...
Finance
Mortgage Rates Inch Down After Six-Week Climb, Still Higher Year-Over-Year
U.S. mortgage rates saw a slight dip this week, offering a brief respite for homebuyers. However, borrowing costs remain elevated compared to...
Markets
Gold Dips as Gulf Tensions Persist, Rate Hike Fears Linger
Gold prices fell Thursday, reversing recent gains as stalled U.S.-Iran talks fueled concerns of sustained high interest rates.
Markets
Consumer Prices Cool in July as Gasoline, Groceries Decline
Inflation eased last month, with consumer prices rising 3.4% annually, a smaller increase than in prior months. Falling gasoline and grocery costs...
Markets
Gold Dips 0.3% After Two-Day Rally
Spot gold dipped 0.3 percent on Tuesday, ending a two-day rally fueled by receding Fed hike bets and China's central bank purchases....