Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...

WASHINGTON (Reuters) -U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued ...

The government shutdown has cut off funds for some school systems that rely on federal money for the bulk of their budgets ...

Employment at US companies increased in October, signaling some stabilization in the job market after two straight months of ...

Unlike the Fed or the Bank of England, the ECB looks to have more time before excess reserves reach levels where bigger ...

Solomon isn’t alone in sounding the alarm. Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has ...

WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut ...

Early warning signs are emerging of the rising danger of another global credit crunch.Analysts say recent moves by the US central bank to inject cash into the system could be a "canary in the coalmine ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

The Senate has voted more than a dozen times against a stopgap funding measure passed by the House of Representatives, and no ...

US equity and bond markets are at risk due to high valuations, record leverage, and declining appeal of the 60/40 allocation ...