Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.
Fox is revamping the sports site following the exit of its founder, Clay Travis. It’s hiring a writer who resigned from The Seattle Times over a column about transgender athletes.
The Federal Reserve is widely expected to increase its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
As A.I. transforms the technology industry, venture capital is flowing into “deep tech” start-ups that build robots and semiconductors.
The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.
The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits.