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Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...
Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Garry Evans of BCA Research explains why Trump's desire to slash interest rates is unlikely to come to fruition. He also ...
The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...
By Ateev Bhandari (Reuters) -Cash allocations by U.S. corporations have halved since 2021 as elevated interest rates prompt a ...
Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to ...
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