Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

U.S. stocks looked set to take a breather on Friday, closing out a great week for the market that revived investors’ dream of a so-called soft landing. Futures for the Dow Jones Industrial Average ...

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Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.

Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by ...