News
The Fed has four new voters this year. They may complicate Trump’s push for lower rates
2+ hour, 50+ min ago (825+ words) Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Washington (CNN) " President Donald Trump could announce his nominee for the next…...
Dollar sinks on yen intervention talk, gold breaks $5,000
1+ day, 11+ hour ago (844+ words) The dollar fell to as low as 153.89 yen amid talk of a possible joint intervention to support the Japanese unit The dollar fell in Asian trade Monday amid speculation US officials could join their Japanese counterparts to help support the…...
Retail sales rose more than expected in November
1+ week, 6+ day ago (185+ words) Pictured is a shopper at at a Walmart store in Columbus, Ohio, on November 28, 2025. Washington (CNN) " Sales at US retailers rose at a solid pace in November, despite jitters about the economy and a slowing labor market. Retail sales rose…...
Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed
2+ week, 1+ day ago (714+ words) Traders work on the floor of the New York Stock Exchange during morning trading in New York, on January 6. Jerome Powell, chairman of the US Federal Reserve. New York (CNN) " Investors took one look at the Trump administration's criminal investigation…...
US economy added 50,000 jobs in December, capping off one of the weakest years of job gains in decades
2+ week, 4+ day ago (153+ words) People work in a restaurant in Manhattan on December 16, 2025, in New York City. (CNN) " Hiring slowed at the end of last year, as employers added an estimated 50,000 jobs in December and the unemployment rate dipped to 4.4%, according to Bureau of…...
Stocks retreat as traders eye geopolitics, US jobs data
2+ week, 5+ day ago (493+ words) Investors are awaiting the release of US jobs data this week Stock markets fell Thursday as an early-year rally ran out of steam, with investors locking in profits ahead of the release of key US jobs data this week. The…...
In Venezuela, price of US dollar up 479 percent in a year
3+ week, 5+ day ago (289+ words) The Venezuelan bolivar is losing value on the US dollar as tensions mount between the two countries Venezuela, currently in the throes of an escalating crisis with the United States, closed the books Wednesday on a complicated year for its…...
Stocks mixed, precious metals slip in quiet trade
4+ week, 1+ day ago (547+ words) Equity markets and precious metals have enjoyed a bullish run this year Equities were mixed Monday in quiet post-Christmas trading as investors look ahead to the release of minutes from the Federal Reserve's policy meeting this month, while precious metals…...
US stocks edge lower from records as precious metals surge
1+ mon, 23+ hour ago (393+ words) On Friday, silver pushed surged above $75 an ounce for the first time while gold prices also hit a new high Wall Street stocks edged down from records on Friday amid holiday-thinned trading while precious metals extended their year-long surge to…...
Weekly Mortgage Rates Stable But Could Dip Lower
1+ mon, 1+ week ago (448+ words) Mortgage interest rates were flat this week, but new data on the economy's health could encourage rates to go down. The average rate on a 30-year fixed-rate mortgage held steady at 6.14% APR the week ending Dec. 18, according to rates provided…...