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News
US Federal Reserve expected to hold rates steady as inflation swirls
1+ hour, 5+ min ago (1138+ words) US households have been battered by years of high prices, with lower- and middle-income households increasingly feeling the pinch and food insecurity on the rise The US Federal Reserve is set to hold its second meeting under new chairman Kevin…...
Oil soars above $100 as Middle East fears grow
2+ day, 3+ hour ago (1178+ words) The yen is sitting at a four-decade low against the dollar owing to the wide interest rate differentials between the US Federal Reserve and Bank of Japan Vessels anchored in the Strait of Hormuz, off the Omani port city of…...
How interest rates work in 2026: A plain-English guide for everyday borrowers
2+ day, 12+ hour ago (1547+ words) A notebook labeled with interest rates and an illustration. An interest rate is the amount lenders charge for borrowing money. It’s typically expressed as a percentage of the principal on an annual basis. Interest impacts your loan, so it’s crucial…...
A smaller labor force means a smaller economy
3+ day, 10+ hour ago (549+ words) Abundant sunshine. Hot. High 102F. WNW winds at less than 5 mph, increasing to 10 to 20 mph.. A street in Gadsden, Alabama. In 2024, the U.S. fertility rate reached a new low of 1.6. Net immigration started declining rapidly that same year and quite possibly turned…...
US Fed chair says committed to combatting 'too high' prices
3+ week, 3+ day ago (14+ words) KMVU FOX 26 Medford...
Stocks mixed with eyes on US Fed
3+ week, 3+ day ago (1097+ words) Investors are awaiting the release of key US jobs data this week Stock markets traded mixed on Wednesday amid a bout of profit-taking, with the new head of the Federal Reserve, Kevin Warsh, indicating taming inflation is his top priority....
Stocks drop with eyes on US Fed
3+ week, 3+ day ago (1172+ words) Investors are awaiting the release of key US jobs data this week Wall Street's main indices opened lower, with the Dow coming off a second straight record close and the tech-rich Nasdaq its best quarterly gain in six years with…...
US retail sales beat expectations in May as energy costs stay high
1+ mon, 1+ week ago (862+ words) US retail sales jumped more than analysts expected in May, despite steeper gasoline costs weighing on households Sales were up 0.9 percent from April at $763.7 billion, the Department of Commerce said. This was a bigger jump than the 0.5 percent rise that…...
US Federal Reserve kicks off first meeting with Warsh as chair
1+ mon, 1+ week ago (15+ words) KMVU FOX 26 Medford...
Bank of Japan hikes interest rate to 31-year high
1+ mon, 1+ week ago (14+ words) KMVU FOX 26 Medford...