Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.
For the ultrawealthy, the document floats eliminating the federal estate tax, at an estimated cost of $370 billion in revenue ...
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
Asked if a March rate cut is “still on the table,” Fed Chair Powell reiterated his earlier statements that the Fed doesn’t need to be in “a ...
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its ...
Stocks and bonds staged a major turnaround this week thanks to a perfect storm of factors that recalibrated investor expectations for rate cuts in the coming year. The S&P 500 is on pace to soar ...
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked ...
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.