Japan's core inflation slowed in June due to temporary cuts in utility bills but stayed above the central bank's 2% target, highlighting lingering price pressures that will keep alive market ...

PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...

JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...

When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.

The Fed is expected to hold interest rates steady in July, waiting for more clarity on how tariffs will affect the economy.

Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.

The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.

The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.