Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Wall Street shares were slightly higher on Thursday, as investors cheered earnings from Meta , but were disappointed by ...
Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, ...
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
It doesn't look like savings rates will rise anytime soon. But that doesn't mean you're out of opportunities to earn.
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...
Fed decided to keep its target rate in the 425-450 area. Read why Powell's last speech had the rhetoric to reinforce bullish ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.