Economy
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US economy grew at a solid 3% rate last quarter, government says in final estimate
Sep 26, 2024 8:12 am - WASHINGTON — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the governmen...
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Trump is losing his edge on the economy among voters
Sep 25, 2024 8:13 am - Americans are finally starting to feel better about the economy, invigorating Vice President Kamala Harris’s pitch for the presidency as she narrows her Republican oppone...
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In dueling speeches, Harris is to make her capitalist pitch while Trump pushes deeper into populism
Sep 25, 2024 7:56 am - WASHINGTON — Derided by Donald Trump as a “communist,” Kamala Harris is playing up her street cred as a capitalist. Attacked by Harris as a rich kid who got $400 million ...
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American consumers are feeling less confident as concerns about jobs take center stage
Sep 24, 2024 9:58 am - American consumers are feeling less confident this month as concerns about jobs rose significantly.
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For home shoppers, the Fed’s big rate cut is likely just a small step toward affording a homeSep 23, 2024 9:55 am - The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager...
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The Fed sees its inflation fight as a success. Will the public eventually agree?
Sep 23, 2024 9:44 am - WASHINGTON — With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all but conquered inflatio...
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Harris raises $27 million in New York fundraiser, promises economic speech this week
Sep 23, 2024 7:32 am - NEW YORK — Vice President Kamala Harris raised $27 million at a packed New York City fundraiser on Sunday, her largest fundraising haul since she took over at the top of ...
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‘Not a lot of supply’: Taking stock of suburban apartment projectsSep 22, 2024 5:06 am - What’s the state of the apartment market in the suburbs? “There’s a number of deals under construction, but once these finish out, there's just not much behind it,” one expert said.
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Mortgage rates are coming down — and homebuyers are ready to pounce
Sep 20, 2024 1:41 pm - For Americans mulling a home purchase, this week’s interest rate cut meant just one thing: It’s time to get back in the game. The Federal Reserve lowered interest rates b...
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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Sep 19, 2024 7:35 am - LONDON — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the corona...