The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing ...
The agency allowed that existing C-suite noncompetes “can remain in force.” However, barring judicial intervention, once the rule takes effect, “employers are banned from entering into or attempting ...
The US Federal Reserve has kept the key interest rate unchanged at 5.25 to 5.50 percent for the sixth straight time, in line with market estimates. After a two-day Federal Open Market Committee (FOMC) ...
Chairman Jay Powell presented a cautiously optimistic outlook, contrary to what many anticipated as a potentially more alarmist stance on inflation.
The prospect of the ECB diverging from the Fed on rate cuts is likely to be “particularly negative” for the euro area, according to one economist.
The American economy likely delivered another solid hiring gain in April, showing continuing durability in the face of the ...
In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and ...
As the legislature returned to session, experts across health and education discussed the greatest challenges facing North Carolina's youth.
The best way to avoid the potential fallout of a bank failure is to verify that your deposits are covered by FDIC or NCUA ...
As homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39% as of May 1, according to Bankrate’s survey of large ...
The Fed’s balance sheet ultimately ends up impacting the money supply and availability of credit in the economy. U.S. central ...
U.S. stocks closed higher and trimmed their losses for the week. The S&P 500 climbed 0.9% Thursday, a day after swinging sharply when the Federal Reserve said it’s likely delaying ...