Tag: U.S. economy
U.S. 30-Year Mortgage Rate Falls to 6.30%, According to Freddie Mac
U.S. Mortgage Rates Ease as 30-Year Average Falls to 6.30%, Says Freddie Mac
Freddie Mac (OTCQB: FMCC) announced on Thursday that the 30-year fixed-rate mortgage...
Oil Prices Rise as Ukraine Drone Strikes Disrupt Russian Supply
Oil prices rose on Friday after Ukraine launched drone attacks on Russia’s energy infrastructure, disrupting fuel exports and tightening global supply.
Brent crude futures climbed...
Core PCE Index Rises 2.9% in August, U.S. Data Shows
U.S. underlying inflation held steady in August, matching July’s pace and economists’ forecasts. The data highlights the persistence of price pressures that Federal Reserve...
Oil Prices Steady as Markets Balance Fed Rate Cut Against Economic...
Oil prices held steady on Thursday as traders weighed the U.S. Federal Reserve’s latest interest rate cut against growing concerns about the U.S. economy.
Brent...
Trump Says TikTok Deal Will Bring “Tremendous Fee” to U.S.
President Donald Trump announced on Thursday that the United States will secure a significant payment as part of the upcoming TikTok ownership deal.
Speaking at...
S&P 500 May Push Past 6,600 After Brief Pause, Piper Predicts
S&P 500 Surges Past Piper Sandler’s Target, Rally May Continue
The S&P 500 has already surpassed Piper Sandler’s year-end target of 6,600, setting a record...
Fed Set to Cut Rates and Revise Outlook on Trump’s Economic...
Fed Expected to Cut Rates and Update Trump Economic Outlook
The most politically charged Federal Reserve meeting in years concludes on Wednesday. Markets broadly expect...
BofA supports forecast for Fed rate cuts in September and December
BofA Predicts Fed Rate Cuts in September and December
Bank of America (BofA) analysts expect the Federal Reserve to cut interest rates this week, followed...
U.S. Sentiment Weakens in September, Michigan Consumer Survey Shows
U.S. Consumer Sentiment Declines Again in September, Michigan Survey Shows
U.S. consumer sentiment dropped for the second month in a row this September. Households expressed...
U.S. Jobless Claims Increase, Surpassing Expectations
U.S. Jobless Claims Rise Above Forecasts, Raising Labor Market Concerns
The latest data shows that initial jobless claims in the U.S. unexpectedly climbed to 263,000,...
