The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

SARB Governor Lesetja Kganyago said four members of the Monetary Policy Committee (MPC) preferred this action, while two ...

The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

Gold futures set a fresh record on safe-haven demand and low U.S. dollar and Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in ...

European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...

A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.