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Mortgage rates have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
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US Treasury nominee says Trump can usher in 'economic golden age'
Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by ...
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Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax ...
Why a Dovish Fed Official Could Be Patient on More Cuts
A Federal Reserve official who joins the central bank’s policy committee this year said he has grown less concerned about a ...
Fed isn't expected to move on rates for next few months, Schwab's Sonders Says
The Federal Reserve isn’t likely to make a move on interest rates over the next few months, Charles Schwab (SCHW) Chief ...
Treasury Nominee Scott Bessent Calls for a ‘New Economic Golden Age’ Under Trump
Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance ...