U.S. World Business Lifestyle
Today: December 13, 2025
Today: December 13, 2025

Federal Reserve

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Tumbling tech stocks drag Wall Street to its worst day in 3 weeks

More drops for superstar AI stocks knocked Wall Street off its record heights

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks
Business|Economy|Finance|Stock Markets|US|World

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year
Business|Economy|Finance|Stock Markets|World

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months

Federal Reserve cuts key rate, sees healthier economy next year
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US stocks rise after the Fed cuts rates and hopes build for more

The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026

US stocks rise after the Fed cuts rates and hopes build for more
Business|Economy|Election|Finance|Political|Stock Markets|US

Trump's speech on combating inflation turns to grievances about immigrants from 'filthy' countries

At a nighttime event in Pennsylvania, President Donald Trump tried to emphasize his focus on combating inflation, although the issue couldn't quite command his full attention

Trump's speech on combating inflation turns to grievances about immigrants from 'filthy' countries
Economy|Science|Technology|World

The Latest: Trump speaks on Americans’ economic worries and blames Democrats at Pennsylvania rally

President Donald Trump road-tested his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania

The Latest: Trump speaks on Americans’ economic worries and blames Democrats at Pennsylvania rally
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U.S. job openings barely budged in October, coming in just below 7.7 million

U.S. job openings barely budged in October, coming in at 7.7 million amid uncertainty over the direction of the American economy

U.S. job openings barely budged in October, coming in just below 7.7 million
Business|Economy|Finance

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
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Wall Street pulls back from its record heights

U.S. stocks pulled away from their record heights

Wall Street pulls back from its record heights
Business|Economy|Finance|Science

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

Recent news reports highlighted how the Fed technically has a third mandate – moderate long-term interest rates. An economist explains how the objective is already baked into the other two.

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
Business|Economy|Technology

Could paper checks be on the way out, like the penny?

Could paper checks be on the way out, like the penny?

Could paper checks be on the way out, like the penny?
Business|Economy|Political

Roberts and Kagan prepare for another showdown on executive power

Roberts and Kagan prepare for another showdown on executive power

Roberts and Kagan prepare for another showdown on executive power
Asia|Business|Economy|Finance|Stock Markets|US|World

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Business|Economy|Finance|Stock Markets|World

Asia markets mixed, sentiment tepid as Fed looms

The dollar hit a five-week low while Asian stocks made a lacklustre start to the trading session on Thursday, after weaker-than-expected economic

Asia markets mixed, sentiment tepid as Fed looms
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Trading Day: Fed hopes fire risk rally

Stocks rose while U.S. bond yields and the dollar fell on Wednesday, after surprisingly weak private sector jobs data increased the likelihood

Trading Day: Fed hopes fire risk rally
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Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports

Bond investors have expressed concerns to the U.S.

Bond investors warned of Hassett as potential Fed chair over rate-cut fears, FT reports
Business|Economy|Finance

Bessent says Federal Reserve Board could 'veto' future regional presidents

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency

Bessent says Federal Reserve Board could 'veto' future regional presidents
Business|Economy|Finance|Political|US|World

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says

Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says
Business|Economy|Finance|Stock Markets|World

Euro hits almost seven-week high, dollar broadly lower

The euro hit an almost seven-week high against the dollar on Wednesday, boosted by data showing an expansion in euro zone business activity, while weaker

Euro hits almost seven-week high, dollar broadly lower
Business|Economy|Finance|Stock Markets|US

US services little changed in November, but orders slow

The U.S. services sector activity held steady in November, with employment still subdued and prices for inputs elevated, a survey showed on Wednesday.

US services little changed in November, but orders slow
Business|Economy|Finance|Stock Markets

Stocks gain, US yields drop as markets weigh likely Fed rate cut

Global shares rose while U.S. Treasury yields fell after weak economic data solidified expectations of a Federal Reserve interest rate cut.

Stocks gain, US yields drop as markets weigh likely Fed rate cut
Business|Economy|Finance|Stock Markets|World

Just a blip for risk assets, more Fed pain for the dollar

By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today Risk assets are showing further signs of recovery on Wednesday from a

Just a blip for risk assets, more Fed pain for the dollar
Business|Economy|Finance|World

Fed data suggests central bank has stopped losing money

By Michael S.

Fed data suggests central bank has stopped losing money
Business|Economy|Finance|Stock Markets|World

Stocks steady as slide in bitcoin, global bonds hit pause

Global shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in bond markets and cryptocurrencies

Stocks steady as slide in bitcoin, global bonds hit pause