Fed's favored inflation gauge showed price growth picked up in October
An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation...
FAA opens up military airspace for civilian travel for 'busiest Thanksgiving travel period on record'
With millions of Americans expected to travel for Thanksgiving, the Federal Aviation Administration (FAA) is using military airspace specially opened...
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to impose a 25% tariff on all goods from Mexico and Canada while hiking the levies on...
Two historic London food markets, hundreds of years old, to permanently close
A pair of historic wholesale meat and fish markets in London will permanently close in the coming years. The Smithfield...
Americans hosting Thanksgiving to spend 19% more than last year: report
Stubbornly high inflation is continuing to strain the budgets of American households this Thanksgiving, as a recent report by LendingTree finds...
Freddie Mac, Fannie Mae backing bigger home loans in 2025
The Federal Housing Finance Agency (FHFA) announced on Tuesday it is raising the loan amount limits for mortgages purchased by...
Mortgage demand jumps as rates drop
Long-term mortgage rates fell over the past week, reigniting demand for home purchases and breathing new life into what has...
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points...
Why was the economy the top issue in the election?
American voters had the economy on their minds when they cast their ballots, sending President-elect Trump back to the White House...
California drivers brace for possible gas price hike after state regulators approve tighter climate standards
California drivers may soon see a hike in gas prices after state regulators approved tougher standards for reining in climate...
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