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Economy
Federal Reserve governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman on Friday issued a statement explaining her decision to dissent…
Mortgage rates tick down, still stuck near 7%
Mortgage rates fell slightly this week but are still hovering around 7%, remaining uncomfortably high…
Buying a house just became even more expensive
The cost of buying a new house just hit a fresh record even as mortgage…
California Gov. Newsom’s budget could cost businesses billions in higher taxes
California Gov. Gavin Newsom pledged that his budget proposal to balance the state's ballooning $45…
Passengers describe ‘sheer terror’ after Singapore-bound flight hits turbulence
Passengers onboard a Singapore Airlines aircraft that encountered "severe turbulence" described the "sheer terror" during…
High inflation is still a burden to Americans – especially parents, Fed survey shows
High inflation continued to inflict financial pain on many Americans at the end of 2023,…
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