Historic rains and flooding trigger dramatic rescues in Washington state
Iran raises gasoline prices for the first time since deadly 2019 protests
Democratic former Sen. Doug Jones launches campaign for Alabama governor
Thai villagers stay behind to guard empty homes as border clashes force mass evacuations
Curry scores 39 in return but Timberwolves top Warriors 127-120 without Edwards
With 24 points, Donovan Mitchell produces the highest-scoring 4th quarter of the NBA season so far
LA Angels president testifies he wishes he'd known about drug use before pitcher's fatal overdose
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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
December 12, 2025Federal Reserve
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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
December 11, 2025
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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
December 10, 2025
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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
December 10, 2025
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
December 09, 2025
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
December 09, 2025
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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
December 09, 2025
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
December 08, 2025
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Wall Street pulls back from its record heights
U.S. stocks pulled away from their record heights
December 08, 2025
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.
December 08, 2025
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?
December 05, 2025
Business|Economy|Political
Roberts and Kagan prepare for another showdown on executive power
Roberts and Kagan prepare for another showdown on executive power
December 05, 2025
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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
December 04, 2025
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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
December 04, 2025
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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
December 03, 2025
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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.
December 03, 2025
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
December 03, 2025
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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
December 03, 2025
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
December 03, 2025
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.
December 03, 2025
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.
December 03, 2025
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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
December 03, 2025
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Fed data suggests central bank has stopped losing money
By Michael S.
December 03, 2025
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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
December 03, 2025