Fed Governor Waller sees potential for multiple interest rate cuts in 2025
Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this ...
Mortgage rates top 7%, hitting seven-month high. But relief may be in sight
Mortgage rates rose this week to the highest level since May 2024 during a volatile period for the bonds that closely track them. The average 30-year mortgage rate jumped to 7.04% through Wednesday, ...
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers ...
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
Why Bank of America Stock Is Still a Buy After Earnings
Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried.
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
federalnewsnetwork.com1h
Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says
Donald Trump has promised to bring back Schedule F, which would exclude thousands of federal employees in policymaking ...