Gold started 2025 with a bang, notching a gain of as much as 1% so far this year, before closing somewhat lower on Friday ...

As evidence keeps building that the hapless Biden administration couldn’t end fast enough, there’s also evidence that the first Trump presidency of strong growth and low inflation pre-COVID won’t ...

The average rate for a 30-year mortgage climbed to 6.91 percent from 6.58 last week, mortgage buyer Freddie Mac said Thursday.

Throughout this bull market, the phrase “cash on the sidelines” has been frequently used to indicate money sitting in liquid ...

Initial applications for US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.

The Australian sharemarket surged in 2024, adding nearly $200bn to the value of the benchmark ASX 200 index, despite a ...

Increases in Delaware, Illinois and Rhode Island will bring those states' minimums to $15 an hour, meaning 10 states and ...

NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic outlook for 2025.

Fed chairman Jerome Powell’s explicit – and repeated – references to the need for caution on rate cuts jolted Wall Street, sending US stocks sharply lower and the US dollar rallying.

"They’re a good starting point," Powell added of the six-year-old analysis, calling the questions the right ones to ask. Federal Reserve Chairman Jerome Powell gestures as he speaks at a press ...

Trump criticizes Fed independence, highlighting his push for influence over rate decisions. As many economists know, Federal Reserve Chairman Jerome Powell and the US President-elect Donald J. Trump ...

While addressing reporters post-policy announcement, US Fed Chairman Jerome Powell said, “The US is strong overall. The unemployment rate forecast is 4.2 per cent this year, and 4.3 per cent over the ...