Interest Rates

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Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
Finance

Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand

By David Welch and Bloomberg
November 4, 2023
Jerome Powell
Finance

Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers

By Will Daniel and Irina Ivanova
November 3, 2023
‘Bond King’ Jeffrey Gundlach warns higher-for-longer interest rates could trigger the next financial crisis—and advises investors to ‘T-bill and chill’
Finance

‘Bond King’ Jeffrey Gundlach warns higher-for-longer interest rates could trigger the next financial crisis—and advises investors to ‘T-bill and chill’

By
November 2, 2023
Jerome Powell
Finance

Jerome Powell’s Federal Reserve is still on pause when it comes to rate hikes—for now

By Christopher Rugaber and The Associated Press
November 1, 2023
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York
Finance

Blockbuster economic data from last few weeks has made Fed’s rate announcement today that much harder: ‘The Fed has to talk tough’

By Christopher Rugaber and The Associated Press
November 1, 2023
Buy boomers, sell millennials: Bank of America trade recommendation exploits ‘big diversion’ in generational spending amid high interest rates
Finance

Buy boomers, sell millennials: Bank of America trade recommendation exploits ‘big diversion’ in generational spending amid high interest rates

By Alexandra Semenova, Carmen Reinicke and Bloomberg
October 27, 2023
Woman shopping in a Target store pushing a red cart
Finance

The Fed’s favorite inflation gauge hasn’t changed in two months, indicating a long slog ahead for the economy

By Christopher Rugaber and The Associated Press
October 27, 2023
Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
Finance

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

By
October 26, 2023
Jamie Dimon, chief executive officer of JPMorgan Chase, during a Bloomberg Television interview.
Finance

JPMorgan CEO Jamie Dimon slams central banks for their ‘100% dead wrong’ forecasts and ‘omnipotent feeling’

By
October 24, 2023
If you’re in the 1% or middle class, inflation has actually made you richer, according to a top economist who’s been researching inequality for over 40 years
Finance

If you’re in the 1% or middle class, inflation has actually made you richer, according to a top economist who’s been researching inequality for over 40 years

By
October 18, 2023
Businesswoman Barbara Corcoran says now is the perfect time to buy a home.
Finance

‘Shark Tank’ star Barbara Corcoran insists now is ‘the very best time’ to buy a house despite interest rates hitting a 23-year high

By
October 17, 2023
LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself
Finance

LendingClub, which targets consumers buried by credit card debt, isn’t doing so well itself

By Paige Smith and Bloomberg
October 12, 2023
The inflation report just wasn’t very dramatic. Cue a range of wildly varying takes on Wall Street
Finance

The inflation report just wasn’t very dramatic. Cue a range of wildly varying takes on Wall Street

By
October 12, 2023
Long-term interest rates are spiking. Could they deliver a recession–or are they a sign of strength for the U.S. economy?
Commentary

Long-term interest rates are spiking. Could they deliver a recession–or are they a sign of strength for the U.S. economy?

By Philipp Carlsson-Szlezak and Paul Swartz
October 12, 2023
Jerome Powell
Finance

High interest rates didn’t exactly work in September as wholesale inflation rose at the fastest pace since April

By Paul Wiseman and The Associated Press
October 11, 2023

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