Stock market today: Shares rip higher after weak jobs report
A "just right" April employment report showing cooling job and wage gains has given hope that the Fed could cut interest rates sooner than later.
Stock market today: Trump Media, Starbucks shares up, Peloton down
Earnings reports out today include tech giant Apple and Ozempic maker Novo Nordisk.
Americans see money in bank accounts increase
Savers in 2023 accrued interest of $315.4 billion in their deposit accounts.
Stock market today: Powell reassures on rate hikes, Starbucks plummets
The Fed kept interest rates unchanged while noting "inflation is still too high."
Stock market today: gloomy start to May ahead of Fed decision
Shares in Trump Media & Technology Group were down nearly 10 percent at one point early Wednesday, wiping out gains from Tuesday.
Stock market today: April ends on sour note ahead of Fed decision
McDonald's and Eli Lilly reported earnings, while pot stocks soared on news that the White House may reclassify marijuana as a less dangerous drug.
Stock market today: rally extends after Friday tech boost
Stock markets ticked up as another bumper week for quarterly earnings reports kicked off.
Three signs US could be heading for a recession
While some experts expect the economy to make a soft landing in 2024, Gary Shilling said it's more likely the country will enter a recession.
Banks starting to face "revolt" from customers: Finance expert
Customers are suing banks for not updating accounts to higher-yielding options, leading to financial losses.
People in Mississippi can't pay for their cars
Rising interest rates and economic strains have increased the number of auto loan delinquencies in Mississippi.
When will mortgage rates come down? New timeline for drop revealed
March consumer price index data pushes rate-cut expectations back to September, prolonging high mortgage rates.
Housing market stung by latest mortgage rate update
Kashkari's Fed insights hint at prolonged high mortgage rates, casting a shadow over homebuyers' hopes for relief.
Americans are making more money than ever but there's a catch
Personal consumption expenditures saw a boost of nearly 1 percent, which amounted to $145.5 billion.
Job market sees warning signs
Wells Fargo report raises labor market concerns, suggesting part-time shifts and a cooling trend may lead to Fed rate cuts soon.
Gold price surges as interest rate update looms
The price of gold is being boosted by traders who believe the Federal Reserve will be cutting interest rates soon.
Mortgage rate predictions change as housing market stalls
Fed's stance shifts mortgage rate predictions, freezing the housing market as high rates and tight supply challenge buyers.
Two stumbling blocks in the early 2024 housing market
"...even demand at the earliest stages isn't up as much as we would expect at this time of year," Chen Zhao of Redfin said.
4 things you need to know about your money this week
Week's forecast: Job growth and consumer credit rise, gas prices fluctuate, mortgage rates impact home buying.
Donald Trump's terrible economic week
Amid Trump's crash predictions, strong job growth and Fed's steady rates hint at a robust economy, challenging his narrative.
Homebuyers get good news, but they'll have to wait to celebrate it
The Federal Reserve's signal that it may cut rates in 2024 could bring down the cost of home loans, analysts expect.
Worker pay shows inflation is improving
Recent ECI data shows notable decline in labor cost growth, hinting at easing inflation and a shift in the Fed's monetary policy.
Joe Biden gets boost from Fed rate decision
The Federal Reserve held rates unchanged for the fourth consecutive meeting, suggesting that the hike cycle may be over.
Americans rack up $19 billion in credit card debt in one month
Wells Fargo reports a surge in U.S. consumer credit card debt, indicating potential financial stress among households.
America's economy isn't out of the woods
Tight monetary conditions suggest the economy may not be completely out of the woods when it comes to a recession, experts said.
Bankruptcies surge among Gen X and Millennials
As Gen X and Millennials face increased bankruptcies, LegalShield data reveals a contrast to positive economic reports.
Southern Republicans have an inflation problem
Amid a national dip in inflation, Texas and Florida face unique economic strains, with areas like Miami exceeding 5 percent CPI.
Here's why you don't want to see 3 percent mortgage rates
Claudia Sahm explains why pandemic-level mortgage rates are unlikely and how current economic growth may influence future rates.
Twelve People Who Will Determine the 2024 Presidential Election
The Federal Open Market Committee (FOMC) is slated to take center stage in the U.S. political calendar.
Mortgage rate 2024 predictions as housing market struggles
Experts believe that mortgage rates are set to fall in 2024.
California homeowner cuts price nearly in half in 'brutal' market
Joshua Tree's market struggles with slow sales and high prices, despite national trends.