Article Image and Credit(s): Education Secretary Miguel Cardona speaks during an interview with The Associated Press in his office at the Departm...
Category: Finance
COVID-19
The feel-good vibes about a resilient US consumer and overall economy from the summer have cooled down. In September, the Conference Board's Cons...
The last bastion of the housing market faltered last month. Sales of newly built homes decreased 8.7% to a seasonally adjusted rate of 675,000 un...
Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who par...
Assumable mortgages could have a moment. In today’s current environment where mortgage rates are lingering above 7%, exploring new creative finan...
The Federal Reserve made it clear this week that it sees interest rates staying higher for longer. That is not good news for beleaguered banks al...
A common refrain around the Federal Reserve in recent months has been the notion that interest rates will remain "higher for longer." Meaning tha...
The Federal Reserve is widely expected to hold interest rates steady Wednesday afternoon while also leaving the door open on future actions to br...
NEW YORK (AP) — Stocks are slipping Tuesday as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 was...
Over the past year and half, the Fed has gradually increased interest rates by about 5%. While the hikes have helped to cool inflation, they've a...