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Powell: Federal Reserve on track to cut rates this year

WASHINGTON (AP) – Chairman Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates...

Inflation has slowed, now the Federal Reserve faces expectations for rate...

WASHINGTON (AP) – Chairman Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected:...

Inflation slowed further in December as an economic ‘soft landing’ moves...

WASHINGTON (AP) – The Federal Reserve's preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to...

Food, housing prices fuel U.S. inflation in December

WASHINGTON (AP) – Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to...

U.S. employers add a surprisingly strong 216K jobs in December

WASHINGTON (AP) – The nation's employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the...
VESTED INTEREST: Gina Lalli, senior loan officer at Shamrock Home Loans, hopes interest-rate cuts will come in 2024 to spur some home sales activity. New mortgage applications in November were 20% lower than they were a year earlier.
PBN PHOTO/DAVID HANSEN

Real estate industry ready for some rate cuts

While many real ­estate agents are dream sellers, Gina Lalli, senior loan officer at Shamrock Home Loans in Newport, often has to give buyers...

Looking ahead

Are you optimistic that 2024 will be a good year for your company? Somewhat: 67% Yes: 33% No: 0% Unsure: 0% What growth is your company hoping for this...

Overspent in December? Here’s how to battle the January blues 

The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it...

Americans ramped up spending during the holidays despite some financial anxiety...

NEW YORK (AP) – Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices...

Federal Reserve’s favored inflation gauge tumbles in November as prices continue...

WASHINGTON (AP) – The Federal Reserve's preferred measure of inflation fell last month in another sign that price pressures are easing in the face...
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