Fed agencies ending $8M Politico contracts after Elon Musk calls them ‘wasteful’ use of taxpayer money
The Tesla CEO warned that media outlets that take government subscriptions would ‘experience a mysterious drop in revenue.’ ...
Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...
More crowded US dollar trade ramps up expectations for euro parity: Reuters poll
A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency ...
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Trump Is Getting the Lower Interest Rates He Demanded From Everyone but the Fed
WASHINGTON (Reuters) - U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at ...
As the Fed pauses rates, some banks are keeping high-yield savings accounts at just under 5% interest
On January 29, the Federal Reserve chose to keep the federal funds rate steady. Here are which savings accounts offer close ...
What to expect Post-Fed: Between Powell’s playbook, FII exodus, and the Budget balancing act, markets may go nowhere
The Federal Reserve’s “patient” approach to effecting rate cuts may keep FIIs selling in Indian markets at a time when earnings growth and valuations provide little comfort ...
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
What Fed rate announcement means for Californians and their money
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Earn up to 10% with this high-yield savings account — plus 9 more of best APYs of February 2025
The average savings account now delivers an average rate of just 0.41%, according to the latest government data. That said, ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...
Fed Watch: A Pause That Refreshes?
The Federal Reserve kept rates unchanged at the January FOMC meeting, maintaining a 4.25-4.50% range as it reassesses the economic landscape and recalibrates policy.