Author: admin

The Biden administration is in the early stages of implementing the IDR Account Adjustment, a major initiative that will result in accelerated student loan forgiveness for…

Consumer Prices The Consumer Price Index (CPI) rose +0.4% in April (4.95% Y/Y). Core services (ex-housing), an important sub-index for the Fed, came in a little…

What’s up with floating-rate funds? Why haven’t they all, well, floated higher in price as interest rates have risen over the past couple of years? Is…

Bank stocks have taken a beating lately, especially those in the regional banking category. The effects of the Fed’s raising of interest rates and the failure…

WASHINGTON (Reuters) – President Joe Biden said on Friday he was not yet ready to invoke the 14th Amendment to avoid the United States defaulting on…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely…

(Bloomberg) — Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still looks strong enough…

© Reuters. FILE PHOTO: A representation of the cryptocurrency is seen in front of Binance logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo…

The White House on Friday characterized discussions over the U.S. debt ceiling as “productive,” as President Joe Biden and congressional leaders were set to meet again…

The numbers: Mortgage rates fell for the second week in a row amid expectations of inflation slowing over the rest of the year. The 30-year fixed-rate…