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GDP grew at a 2.3% pace in the fourth quarter, less than expected

U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported…

Fed holds rates steady, takes less confident view on inflation

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it…

Stocks making the biggest moves midday: TXN, GRND, TWLO

Check out the companies making headlines in midday trading: Verizon Communications — The telecommunications giant saw shares climbing 1.3% after…

Minimum payments on credit cards hit record level as delinquencies also rise

In this photo illustration the Visa, Mastercard and American Express logo on various credit cards and debit cards are seen…

deeply unpopular despite growth and jobs

US President Joe Biden delivers his farewell address to the nation from the Oval Office of the White House in…

Home insurance costs soar as climate events surge, Treasury Dept. says

Firefighters battle flames during the Eaton Fire in Pasadena, California, U.S., Jan. 7, 2025. Mario Anzuoni | Reuters Climate-related natural…

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

Federal Reserve Governor Christopher Waller said Thursday that the central bank could lower interest rates multiple times this year if…

Citigroup (C) earnings Q4 2024 beat

Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates on the top and bottom lines, reflecting broad strength across the…

CPI inflation December 2024:

Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with…

Budget deficit rose in December and is now 40% higher than it was a year ago

A view from the United States Department of the Treasury building in Washington DC, United States on December 30, 2024.…