Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…
Montana’s hot housing market heats up critical Senate race
MISSOULA, Mont. — In a subdivision near the northern edge of town, a number of condos and duplexes have popped…
Here’s the deflation breakdown for August 2024 — in one chart
Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer…
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai
DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…
Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs
Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string…
Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in…
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
