Fed rate cuts could ease credit card and deposit rates, but auto loans and mortgages may stay high due to risk and long-term inflation expectations.
The best way to fix Americans’ cost-of-living problem is to give workers bigger raises, Federal Reserve Chair Jerome Powell said last week. The problem: That solution looks broken, too. The US job ...
The Music Venue Trust (MVT) has hit out at the Treasury’s defence of hugely increased business rates hitting arenas around the UK in 2026, urging them to stop sharing “irrelevant statements” and “get ...
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It looks like it's one and done -- for awhile at least. The Federal Reserve, as widely expected, delivered a 25-percentage-point cut at its Dec. 10 Federal Open Market Committee meeting — its third ...
A key aspect of the suddenly trendy "affordability" problem is that young adults are said to be priced out of the housing market. The statistics appear to be compelling. Per the National Association ...
CHESTERFIELD COUNTY, Va. (WRIC) — The Virginia State Corporation Commission (SCC) has approved Dominion Energy’s highly controversial $1.47 billion natural gas plant, as well as a rate hike for ...
This puzzle looks like it needs calculus… but you’re not allowed to use it. I explore alternative methods to get the answer only using basic math tools. 8 million inflation refund checks sent out ...
Federal Reserve Bank of New York President John Williams said he sees room to lower interest rates again in the near term as the labor market softens, reviving investor expectations for a December ...
President Donald Trump on Wednesday heavily criticized Jerome Powell, the chairman of the Federal Reserve, saying he has "mental problems" and that he would love to "fire his ass." Trump’s remarks ...
Housing market, homebuyers anxiously await a drop in mortgage rates. Right now, they’re the lowest they’ve been in a year: 6.19%. But mortgage rates have been stuck above 6% for the last three years ...
Posts from this topic will be added to your daily email digest and your homepage feed. is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years ...