Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

EUR/USD broke above the 1.0300 hurdle with certain conviction in response to initial USD-selling, although this move lost traction afterwards, leaving the pair with modest losses for the day. The ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a ...

Jan 15 (Reuters) - Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that ...

NEW YORK, Jan 15 (Reuters) - U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend that lines up with the Federal Reserve's ...

Are you one of the many reconsidering their relationship with Meta's Instagram? If you're looking for another outlet to share your photos, Pixelfed, an open source photo-sharing alternative ...

Federal Reserve Chairman Jerome Powell has indicated interest rates probably need to stay higher for longer. President Donald Trump says we need deeper rate cuts now. And as Mike Maharrey explains in ...

The calendar has turned to a new year, bringing with it a tricky environment for mortgage borrowers to navigate. Closing out the year on a positive note, mortgage rates fell by a full percentage ...