Consumer Sentiment Tumbles in February, Except for Republicans
Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across...
Economy
Mortgage Rates Decrease Slightly, Remain Just Under 7%
Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this...
Slight Decline in Forward-Looking Economic Indicators, Index Shows
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in...
Fed Chair Testimony Part II: Independence, Inflation and International Banking Regulations
Appearing before The Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force—established by the House Financial Services Committee in...
Inflation Continues to Rise; All Eyes on the Fed’s Next Decision
Inflation continues to rise for the fourth consecutive month, continuing a reversal from its decline throughout most of 2024. The...
Report Looks at Potential Long-Term Consequences Should Tariffs Materialize
After an aborted launch on Sat. Feb. 1, 2025, President Trump’s 25% tariffs on imports from Canada and Mexico have...
January Shows More Job Gains; Rate Cuts Likely ‘On Hold’
Total nonfarm payrolls increased by 143,000 in January, while the unemployment rate ticked down slightly to 4%, the U.S. Bureau...
Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But...
Tariffs, Likely to Be ‘Inflationary,’ Face Uncertain Future
On Sat., Feb. 1, President Donald Trump imposed previously promised tariffs, implementing a 25% tax on imported goods from Mexico...
Fed Governor Cautions Against Early Rate Cuts, Defends Community Banks
At the New England CEO Summit today, Federal Reserve Governor Michelle W. Bowman warned against cutting rates too often, and...
Social Skills: AI Tools to Take Advantage of in Your Marketing
Not only can AI be used for the more complicated tasks of capturing and understanding data, but it has become a strong tool to implement in business marketing. Read more.
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