US 30-year mortgage rate tops 7%, highest since May 2024
The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage ...
Inflation Rises Again, Hitting 2.9% in December
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.
CPI big picture: More Fed rate cuts still on thin ice
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
US inflation rises to 2.9% in December
US inflation rose to 2.9 per cent in December, in line with expectations, bolstering the case for the Federal Reserve to slow its pace of interest rate cuts this year. Wednesday’s data from the Bureau ...
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
Budget 2025 a key trigger for Indian stock market, say experts—key measures that could boost sentiment
There’s anticipation for income tax reforms and increased infrastructure funding to boost market sentiment and economic ...
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Wells Fargo's profits jump 47% amid dealmaking rebound
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...
Analysis-Trump's US presidency return ushers in new era of volatile markets
Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving ...