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Economy
Mortgage rates fall to 6.17%: Freddie Mac
Mortgage rates fell for the fourth consecutive week, mortgage buyer Freddie Mac said Thursday. Freddie…
Bessent names Fed 5 contenders for Powell’s job
U.S. Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace…
Canada plans to lift tariffs on some US goods to resume trade talks: report
Canada announced on Friday that it will remove many of the retaliatory tariffs imposed on…
President Trump threatens to fire Fed governor if she doesn’t resign
President Donald Trump on Friday threatened to fire a member of the Federal Reserve's board…
Powell says economic risks shifting in Jackson Hole speech as Fed eyes rate cuts
Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be…
Consumer spending on live sporting events up 25% from pre-pandemic levels
A new analysis from the Bank of America Institute found that consumer spending on live sporting…
Two potential picks to replace Fed Chair Powell stand out: El-Erian
Allianz chief economic advisor Mohamed El-Erian said Wednesday that he sees two of the contenders…
Trump-China trade agreement could include major 500 Boeing plane sale
Aerospace giant Boeing is in talks to sell as many as 500 planes to China…
Real estate market frozen as buyers await Jerome Powell rate cuts
If you’ve flipped through the real-estate pages lately – or just tried to pull up…
Fed’s July minutes show tariff inflation concerns kept rates unchanged
The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more…
Trump calls for Fed governor to resign as ally requests Justice Department probe
President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after…
Fed chair Powell to speak at Jackson Hole amid rate cut speculation
Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event…
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