Builders broke ground on fewer houses and apartment complexes in August, a possible sign that the housing market may be levelling off after accelerating for much of the year. Housing starts last month …
If the federal government shuts down on October 1, one thing will be clear: The Republican presidential debate on Thursday night didn’t help the Republican congressional leaders who want to stop it. On Thursday, Texas Senator Ted Cruz took his longstanding call to shut the government down rather than fund Planned Parenthood to a national audience of millions of Americans. “Republican leadership in both houses has begun this discussion by
U.S. stock index futures held a touch lower on Thursday as traders looked to the Federal Reserve and today’s interest rate decision.
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Glenn Hutchins has a unique perspective, especially during a week when all eyes are on the Fed and everyone is wondering when America’s era of easy money may begin drawing to a close.
Investors have benefited from low interest rates, Wells Fargo/Gallup Investor and Retirement Optimism Index survey
The Fed should increase interest rates now as a defensive move against a possible world economic drag next year, market watcher David Darst says.
Fed chair Janet Yellen is one of the most powerful women in the world. But, you might find that you have a lot more in common with her than you think.
Citigroup Inc. Chief Financial Officer John Gerspach said third-quarter trading revenue will decline from a year earlier amid increased volatility. “We expect our underlying revenues for fixed-income and equity markets to be down in the range of about 5 percent,” Gerspach said Wednesday at an investor conference in New York. Citigroup recorded $3.74 billion in revenue from trading stocks and bonds last year in the third quarter, with fixed-income contributing
One former policymaker-turned-bank chairman, Axel Weber, told CNBC that the U.S’s recent positive economic data showed a rate hike was due.