Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.

Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says ...

Recurring applications for US unemployment benefits rose to the highest in more than three years, adding to signs that it is ...

The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...

Although economists predicted 2024 could bring economic relief, many middle-class Americans continued to struggle ...

The holiday sales growth suggests the U.S. economy has remained robust, even amid high borrowing costs. Gross domestic product grew at a solid 2.8% annualized rate over three months ending in ...

Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...

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