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News
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
2+ day, 1+ 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
3+ day, 34+ min 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, 19+ 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…...
Friday's CPI inflation report is even more important than usual. Here's what to expect
3+ day, 19+ hour ago (300+ words) A report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week. The Bureau of Labor Statistics will release the August consumer price…...
A faltering Dow Theory could spell more bad news for stocks
3+ day, 21+ hour ago (12+ words) CNBC...
ECB rate hike baked in, but what happens next?
4+ day, 6+ hour ago (23+ words) CNBC Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SIN...
Trump pushes Fed for lower rates, but consumers may be better off with a hike, experts say
4+ day, 23+ hour ago (711+ words) Ahead of the Federal Reserve's September monetary policy meeting next week, President Donald Trump and senior administration officials have urged the Fed not to raise interest rates and, alternatively, even lower its benchmark. For consumers, higher rates would increase borrowing…...
Demand for riskier mortgages rises again, along with interest rates
5+ day, 3+ hour ago (279+ words) Mortgage rates moved up again last week, prompting more borrowers to search for savings. They found that in riskier, adjustable-rate mortgages (ARMs). Demand for those loans made up 8.5% of all mortgage applications last week, up from 8% the previous week, according…...
Why the Fed's interest rate call could come down to a few hundredths of a percentage point
5+ day, 19+ hour ago (52+ words) CNBC - One strategist thinks the central bank's calculus of monetary policy could come down to fractions of a percentage point. - Markets see the Fed tilting toward a hike, but without a high degree of certainty....
A Fed rate hike is coming into view. Here’s what UBS says to own — and avoid
1+ week, 2+ hour ago (17+ words) cnbc.com...