Rocket Companies shares sink as inflation data raises yields
Shares of Rocket Companies (NYSE:RKT) fell 5.4%, UWM Holdings Corporation (NYSE:UWMC) dropped 3.4%, and LoanDepot Inc ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Powell refrains from saying which way interest rates could go based on Trump's policies
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
January CPI Report: Say Goodbye To Rate Cuts
CPI report exceeded expectations, causing market turbulence and confirming my warnings about rising inflation trends. Read ...
Brits told 'loyalty doesn’t pay' as over 30 savings providers slash interest on accounts
The Bank of England cut central interest rates by 0.25% last week, prompting banks and building societies to start lowering ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
Prospect Capital: Deteriorating NAV And Vulnerable To Higher Rates (Rating Downgrade)
Prospect Capital's portfolio continues to show weakness in a high interest rate environment. Read why I downgrade PSEC stock ...
Your Retirement Savings and Spending Should Change Under Trump
Rising costs are one of the biggest threats facing retirees under the current administration. Trump pledged to impose tariffs ...
Today's Mortgage Rates | Stubborn Inflation Should Keep Rates High for Now
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
Fed's Williams says monetary policy is in right place to achieve Fed goals
Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...
Cash-out refinance vs. home equity loans: Which is best in today's market?
Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...
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Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...