Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said Thursday, a week after the bank cut interest rates for a second ...
Immigrants make up a significant portion of the construction labor force and deporting them would have devastating ...
David Spika, chief market strategist at Turtle Creek Wealth Advisors, joins CNBC's 'Power Lunch' to discuss where the markets ...
According to the Labor Department, jobless claim applications decreased by 4,000 to 217,000 for the week of November 9.
Donald Trump won the US presidential election, gaining 295 electoral votes to Kamala Harris’s 226. It also looks possible ...
A growing economic gap between the US and Europe threatens to further weigh on the common currency and European debt, ...
The average rate on a 30-year mortgage is still down from its 2024 high of 7.22% in May, but above a low of 6.08% in late ...
So how, in the face of an improving economic situation was Donald Trump able to stun the nation by winning both the popular ...
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