For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

When Federal Reserve officials gather Tuesday for their final two-day rate-setting meeting of the year, as much as half the room might not want a cut. But the final call will rest with Chair Jerome ...

In our base case, we hit mythical normal levels for rates in 2026. We end at around 4.25% on the 10yr. We expand on two variations. One, where the Fed cuts to 2% on macro angst. The other is where the ...

Costco Wholesale Corporation’s COST core membership model faced a slight hiccup in the final quarter of fiscal 2025, with the worldwide renewal rate easing to 89.8% from 90.2% in the preceding quarter ...

EXCLUSIVE: Magnolia Pictures will be opening its Toronto Film Festival acquisition Normal on April 17, 2026 in 2,000 theaters, the distributor’s widest release in its 24-year history. Normal, which we ...

Some Federal Reserve officials think interest rates are too high, or "restrictive," holding back demand at a time when the labor market is weakening. The stated goal is to slowly get rates back to a ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...

Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently from the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...