Mortgage rates moved lower this week, but it wasn't about today's decision from the Federal Reserve to keep the federal funds rate steady. The drop was driven by markets' reaction to the U.S. and Iran's deal to reopen the Strait of Hormuz and potential further agreement to end the war.But that doesn't mean this week's...
(The Center Square) - The central bank would implement new task forces to aid in deciding monetary policy, Kevin Warsh, the new chairman of the Federal Reserve, said Wednesday.Â
The US economy added 73,000 jobs in July 2025, while hiring numbers in recent months were revised sharply downwards
President Donald Trump said Friday he has ordered the firing of a key economic official, accusing her of manipulating employment data for poli…
Adriana Kugler is expected to return to Georgetown University as a professor this year
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Dona…
The dollar has fallen more than 10 percent in 2025 against a basket of six other leading currencies
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn of g…
US job growth came in at 147,000 in June, accelerating from May, government data shows
The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed Thursday, offering signs o…