President Donald Trump embraced an unlikely foe Wednesday: inflation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Asked by reporters whether he was concerned about new economic data that showed inflation last month surged to the highest rate since early 2023, Trump praised the government figures. “The numbers … Read more
A decades-long decline in the U.S. fertility rate has confounded policymakers and economists alike, with experts pointing to possible causes ranging from the economic fallout of the Great Recession to changing public attitudes about parenthood. Now, one economist is pointing to another factor: the iPhone. A new research paper by Middlebury College economist Caitlin Myers found … Read more
Searching for low mortgage interest rates has become more challenging for borrowers in recent months. Pakorn Supajitsoontorn/Getty Images Mortgage interest rates declined by around a full percentage point in 2025. At 7.04% in January 2025, according to historical FreddieMac data, the average rate on a 30-year term fell to 6.06% by January 15, 2026. And that … Read more
President Donald Trump criticized the possibility of the Federal Reserve raising interest rates, but said in an interview on NBC News’ “Meet the Press” that he wants Fed Chair Kevin Warsh “to do whatever he wants.” Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “Kevin is fantastic, and … Read more
Fertility rates in the country have been dropping. Here’s how to understand what that means. Source link
Major stock indexes fell sharply Friday after a strong jobs report set the stage for the Federal Reserve to hike rates, rattling shares of companies that are involved in sky-high artificial intelligence investments. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The threat of higher interest rates often … Read more
New jobs report beats expectations but unemployment rate remains unchaged – CBS News Watch CBS News The latest jobs report beat expectations for the month of May, but some key points remain unchanged. CBS News’ Kelly O’Grady and Aaron Navarro report. Source link
Mortgage rates could shift this summer, so homebuyers should stay attuned to what experts think will happen. Muhammad Aqib/Getty Images For much of the last year, homebuyers have been waiting for a meaningful break on mortgage rates. Instead, they’ve faced a market that seems stuck in place, with mortgage loan borrowing costs remaining high and … Read more
Borrowers need to know which mortgage rate mistakes to protect themselves from this June. dontree_m/Getty Images With a new unemployment report scheduled for release this week, a new inflation reading slated to be released next week and a Federal Reserve meeting on the calendar for June 16 — the first such meeting since April — … Read more
A mortgage interest rate lock could be advantageous for buyers and owners looking to refinance now. Pla2na/Getty Images Around 99%. That’s the likelihood that the Federal Reserve will continue to keep interest rates on pause when it meets again on June 16 and June 17, according to the CME Group’s FedWatch tool. Now at a … Read more