Tag: Federal Reserve
U.S. consumer confidence declines again as Americans fret over prices, job...
WASHINGTON (AP) – U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow.
The Conference Board...
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
Gen Z’s credit scores are dropping. Here’s what to do if...
NEW YORK (AP) – Gen Z has seen its credit scores drop more than any other generation over the past year, largely because of student...
Fed Chairman Powell says ‘balance of risks has shifted‘ during Chamber...
WARWICK – The U.S. economy may be performing well but rising concerns over a softening labor market have taken priority over a monetary policy...
R.I.’s median home price rises to $510K in August
WARWICK – The median sale price of single-family homes in Rhode Island continued to climb in August, rising 4% from a year earlier to...
Is the Federal Reserve’s decision to cut its key interest rate...
The Federal Reserve on Sept. 17 cut its key interest rate by a quarter-point, its first cut since December. It also signaled it would...
Federal Reserve cuts key rate by a quarter-point, signals 2 more...
WASHINGTON (AP) – The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this...
Retail sales up 0.6% in August from July even as tariffs...
NEW YORK (AP) – Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald...
Average rate on a 30-year mortgage falls to lowest level in...
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury...
U.S. inflation worsened last month as the cost of gas, food...
WASHINGTON (AP) – Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes...
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