Even as inflation rate subsides, prices may stay higher. Here’s why
The rate of inflation has shown signs of easing, following the highest spike in four decades.Yet the shock of rising...
Interest Rates
British PM Rishi Sunak says Ukraine’s rightful place is in NATO
U.K. Prime Minister Rishi Sunak said Thursday that Ukraine's "rightful place" is within the NATO military alliance.Sunak said he agreed...
Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes
Modern and luxury smart homes in Singapore, seen from above during a hot summer day at the Keppel Bay Yacht...
Bitcoin rises as investors await vote on tentative debt ceiling agreement
A visual representation of the digital cryptocurrency, Bitcoin, is on display in front of the Bitcoin course's graph in Paris,...
As emergency savings drop and credit card balances rise, experts say taking 3 steps can help
Miniseries | E+ | Getty ImagesAmericans have suffered in "declines in overall financial well-being," according to a new annual Federal...
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to...
Fed officials less confident on the need for more rate hikes, minutes show
Federal Reserve officials were divided at their last meeting over where to go with interest rates, with some members seeing...
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on "Perspectives on Monetary Policy" during the Thomas Laubach...
Fed’s Kashkari says a June pause on rates wouldn’t indicate an end to hiking cycle
Minneapolis Federal Reserve President Neel Kashkari on Monday said he's open to holding off on another interest rate hike next...
Fed Chair Powell says rates may not have to rise as much as expected to curb inflation
Federal Reserve Chair Jerome Powell said Friday that stresses in the banking sector could mean that interest rates won't have...