Federal Reserve Governor Lisa Cook said she “wholeheartedly” supported the central bank’s move last week to cut interest rates by a half percentage point, citing a slowing labor market and easing ...

Consumer Investigator Rachel DePompa talks to Virginia Credit Union about the reasons refinancing may or may not be a good idea.

The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers ...

Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as ...

Friday's Personal Consumption Expenditure (PCE) price index report could validate the recent decision to cut interest rates ...

For well-qualified buyers with money to put down who can afford a mortgage at today's rates, it may make sense to jump in now ...

The Federal Reserve will likely cut interest rates by a modest 25 basis points in November given the U.S. economy's [3% annual growth rate in the second quarter]( ...

Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.

U.S. stocks are rising toward more records on Thursday as financial markets around the world rally again.

A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.

A big winner of the AI frenzy, Super Micro Computer, was meanwhile giving back some of its huge gains after more than ...

After two and a half years of interest rate hikes and pauses aimed at curbing inflation, the Federal Reserve slashed its ...