Browsing: economic

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, Oct. 16, 2025.Samuel Corum | Bloomberg |…

In a future world where AI agents transacting in stablecoins are a major factor in the U.S. economy, the Fed’s traditional metrics for identifying an economic…

Key Insight: Signs of tensions easing between employment and inflation helped underpin the Federal Open Market Committee’s decision to hold the federal funds rate between 3.5%…

Key Insight: Ally Financial is expecting U.S. unemployment to rise in 2026, tempering the auto lender’s guidance for the year.Supporting Data: For the full year of…

Americans are falling deeper into debt, but not across the board.Collectively, credit card balances rose by $24 billion in the third quarter to $1.23 trillion — up 5.75%…

Mortgage rates dropped today, as markets grow more certain that a Fed rate cut is coming.The average interest rate on a 30-year, fixed-rate mortgage ticked down…

I got to thinking that mortgage rates might be kind of stuck where they are until more new data gets released.There’s just one little problem at…

President Donald Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to a pivotal seat on the Federal Reserve…

U.S. Federal Reserve Chair, Jerome Powell and U.S. President Donald Trump. Annabelle Gordon | Kevin Lamarque | ReutersIf President Donald Trump tries to fire Federal Reserve…

Remittances power much of the global economy. Governments must reconsider policies that aim to penalize migrants who remit funds back to their home countries, writes Mark…