The Federal Reserve held rates at 3.75% to 4% on a 10-2 vote, with Lisa Cook and Beth Hammack wanting a hike. Chairman Kevin Warsh then said one 2027 meeting will carry no rate vote or statement, and the details
Bitcoin held near $64,000 on Tuesday as traders braced for the Federal Reserve's interest rate announcement, the most consequential monetary policy decision since Chairman Kevin Warsh signaled a hawkish stance in July.
Federal Reserve Chair Kevin Warsh enters Thursday's rate announcement with markets assigning one-in-three odds to a surprise hike, the most uncertain FOMC call since 2020. Iran's oil shock has scrambled the inflation
The best 1-year certificate of deposit rates reach 4.17% in July 2026, against 4.10% for top high-yield savings, a difference of $7 on $10,000 annually. The real decision is whether the Fed
Houthi forces struck Saudi Aramco-affiliated tankers in the Red Sea on Thursday, sending Brent crude above $100 a barrel and pulling the Dow Jones Industrial Average down more than 500 points as
US initial jobless claims fell to 187,000 last week, the lowest figure since November 1969, sharply undercutting the consensus forecast of 215,000. The reading arrives despite oil near $100, a technology-sector selloff,
The US 30-year Treasury yield has stayed above 5% for the longest run since 2007, as Iran war oil prices sustain inflation and block Federal Reserve rate cuts. Mortgage rates have climbed
The yen staged its sharpest intraday recovery in weeks on Wednesday after Bloomberg and Reuters both reported the Bank of Japan was open to raising interest rates faster than its once-every-six-months pace.
The National Association of Realtors reported a 5.4% decline in pending home sales in June, as mortgage rates near 6.6% and median home prices at an all-time high of $440,600 kept buyers
A leaked report prepared for Iran's presidency shows 64% of Iranians reported persistent anger in May 2026, up 12 points in six months. Commissioned by a presidential adviser, the poll found 73%
The 30-year fixed mortgage rate reached 6.55 percent this week, the highest since August 2025, as renewed Middle East conflict pushed oil prices and Treasury yields higher despite cooling June inflation data.
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