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Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
Prices could tick higher in 2025 as businesses pass tariff costs onto consumers, Cleveland Fed's Beth Hammack tells CBS News.
Daly said there is still plenty of data including a couple of labor market and inflation reports due out before the Fed’s ...
Last week, Adriana Kugler, one of the seven members of the Federal Reserve Board of Governors, announced her resignation.
The housing market is entering the second half of the year—and there is a complex mix of signals for buyers and sellers.
The yield between long- and intermediate-term treasury rates is currently below its historical average. This suggests a more ...
After getting slammed on Friday by unexpectedly poor U.S. employment figures, U.S. and world stocks rebounded on Monday.
U.S. stocks ended sharply higher on Monday, as investors responded to growing expectations of a Federal Reserve interest-rate cut in September. Stocks rebounded from a selloff Friday that was driven ...
The president has not commented on his policy priorities—including immigration, government efficiency, trade, and AI ...
The S&P 500 jumped 1.3% in afternoon trading to claw back more than two thirds of Friday's drop. The Dow Jones Industrial ...
A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's ...