Federal Reserve System
- U.S. News
Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on…
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Another interest rate hike is coming from the Federal Reserve: Here’s how it could affect you
This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive…
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The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey
Many economic prognosticators and Wall Street stock pickers have made it clear where they stand on inflation and the Federal…
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Credit card balances spike to $841 billion after stimulus checks helped reduce debt
For many Americans, the pandemic-induced slowdown offered a rare opportunity to better their financial standing. Government stimulus checks and fewer…
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures…
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Consumer credit card debt and annual percentage rates are heading to an all-time high
To keep up with rising prices, many consumers are leaning on their credit cards. Credit card balances rose year over…
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U.S. inflation hot spots happen to be pandemic-migration hot spots
Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between…
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Your credit card debt is about to get a lot more expensive
Consumers are putting more purchases on plastic — and paying more for the privilege. Rising prices have caused many Americans…
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Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to…
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Manchin says Dems should take GOP deal on Fed nominees, dampening Raskin’s hopes
Chairman Joe Manchin, D-W.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends,…
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