News

With inflation progress slow, Fed's Daly says rate cuts may need to wait
San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of ...
Fed’s Daly Says Rates on Hold But Cuts Still Possible This Year
Federal Reserve Bank of San Francisco President Mary Daly said the US central bank may hold interest rates longer than ...
IRS faces massive cuts as audit rates plunge
The Trump administration plans make the largest workforce reduction in history at the IRS. But what will a major staff ...
Markets see door wide open for more ECB rate cuts on tariff hit
Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, ...
European Central Bank cuts interest rates again as global trade tensions escalate
The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by ...
30-Year Mortgage Rates Holding Onto 3-Day Decline
Rates on new 30-year mortgages fell for the first three days this week, then remained essentially flat Thursday. Rates ...
European Central Bank cuts interest rates as tariffs threaten the economy
The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.
Maryland loses 1,200 jobs in March, unemployment rate remains steady
Maryland lost a total of 1,200 jobs during March, according to new statistics from the state's Department of Labor.
Egypt cuts interest rates 225 basis points, says more cuts likely
Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, ...