Federal Reserve hikes key interest rate despite US bank chaos
The Federal Reserve hiked interest rates on Wednesday — a pivotal move that showed the central bank’s resolve to tackle ...
Tag: federal reserve
Dow gains as investors weigh bank risks, Fed rate-hike pause
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse helped ...
Mortgage rates fall for first time in six weeks
The average long-term US mortgage inched back down this week after five straight weeks of increases, good news for homebuyers ...
Jobless claims drop by 20,000 — more than expected
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, ...
Retail sales dip 0.4% in February after January buying burst
America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. ...
Dow, stocks plunge as Credit Suisse sparks fresh bank selloff
Stocks dropped on Wednesday as turbulence at Credit Suisse renewed fears of a banking crisis, while data hinting at economic weakness ...
Dow surges as fears of big rate hikes ease
Wall Street’s main indexes climbed on Tuesday after consumer prices in the world’s largest economy rose in line with expectations, ...
Inflation rose 6% in February as Fed mulls more rate hikes
Inflation rose in February as sudden turmoil in the US banking sector sparked uncertainty about the Federal Reserve’s next move ...
US employers add 311,000 jobs in February, more than expected
The US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for ...
Job openings dip in January, but still high at 10.8 million
US employers posted 10.8 million job openings in January, indicating the American job market continues to run too hot for ...
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