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News
Fed has 'no choice' but to raise rates which will help its credibility: Jefferies' Richard Fisher
2+ day, 1+ hour ago (31+ words) Richard Fisher, former Dallas Fed president and Jefferies senior advisor, joins 'Closing Bell' to discuss what to expect from the Federal Reserve, the timetable for hikes and much more....
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
1+ day, 9+ hour ago (574+ words) Americans face a renewed squeeze on their paychecks as inflation once again rises faster than wage growth, putting further pressure on consumer wallets. "A substantial number of Americans are worse off, their incomes are not keeping up with the price…...
Inflation persisted in August, potentially locking in a Fed interest rate hike
2+ day, 8+ hour ago (594+ words) Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that raises the specter of a Federal Reserve interest rate hike next week. The consumer price index rose a seasonally adjusted…...
30-year fixed mortgage rate tops 7% for the first time in over a year
3+ day, 3+ hour ago (238+ words) The average rate on the popular 30-year fixed mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. That is an increase of 10 basis points from Wednesday. A basis point equals 0.01%. Mortgage rates…...
Copper is very important commodity as we look toward the future, says Freeport-McMoRan CEO
3+ day, 36+ min ago (29+ words) CNBC Copper is very important commodity as we look toward the future, says Freeport-McMoRan CEO...
Jeremy Siegel: Equity markets will react positively to a rate cut next week
3+ day, 2+ hour ago (27+ words) cnbc.com Jeremy Siegel: Equity markets will react positively to a rate cut next week...
Protection against inflation comes from dividend paying stocks: Bahnsen Group's David Bahnsen
3+ day, 2+ hour ago (25+ words) CNBC Protection against inflation comes from dividend paying stocks: Bahnsen Group's David Bahnsen...
Average 30-year fixed mortgage rate tops 7%
3+ day, 4+ hour ago (15+ words) CNBC Average 30-year fixed mortgage rate tops 7%...
Consumers are in good shape despite pessimism toward economy, says Gary Cohn
3+ day, 6+ hour ago (25+ words) CNBC Consumers are in good shape despite pessimism toward economy, says Gary Cohn...
JP Morgan's Phil Camporeale: The biggest near-term risk is tightening financial conditions
3+ day, 7+ hour ago (25+ words) CNBC JP Morgan's Phil Camporeale: The biggest near-term risk is tightening financial conditions...