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U.S. economy

Fed cuts key rate again to support slowing economy
Oct 29, 2025

Fed cuts key rate again to support slowing economy

The Federal Reserve lowered its key rate to 3.9%, its second cut this year, aiming to boost hiring as inflation remains elevated.

Fed expected to cut interest rate again Wednesday
Oct 28, 2025

Fed expected to cut interest rate again Wednesday

The Federal Reserve is expected to cut its key rate Wednesday, likely followed by another in December to support U.S. hiring.

US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Oct 27, 2025

US home sales accelerated in September to their fastest pace since February as mortgage rates eased

Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.

Average rate on a 30-year mortgage drops to lowest level since April
Oct 27, 2025

Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year

The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.

US inflation stays elevated but prices rose less than feared last month
Oct 24, 2025

US inflation stays elevated but prices rose less than feared last month

U.S. inflation hit 3% in September, led by higher gas and beef prices, as tariffs and rent costs shaped a mixed economic outlook.

FILE - Australian Prime Minister Anthony Albanese gestures during a press conference in Sydney, Australia, Dec. 12, 2024. (AP Photo/Mark Baker, File)
Oct 20, 2025

US, Australia sign critical-minerals agreement to counter China

WASHINGTON (AP) — President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as an $8.5 billion deal between the […]

Wall Street drifts as Oracle rallies and Boeing sags
Oct 16, 2025

US stocks drop on worries about banks

U.S. stocks fell Thursday as bank worries deepened. The S&P 500 lost 0.6%, led by drops in Zions and Western Alliance.

Fed minutes show split on future interest rate cuts
Oct 14, 2025

Powell signals more Fed rate cuts amid hiring slowdown

Fed Chair Jerome Powell said slowing hiring raises risks for the U.S. economy, signaling two more rate cuts are likely this year.

IMF raises U.S., global growth outlook despite tariffs
Oct 14, 2025

IMF raises U.S., global growth outlook despite tariffs

WASHINGTON (AP) — The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging. The United States’ economy will expand 2% in 2025, the […]

US mortgage rates fall as Fed cuts interest rates
Oct 9, 2025

30-year US mortgage rate falls to 6.3% lowest in a year

The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to […]

Fed minutes show split on future interest rate cuts
Oct 8, 2025

Fed minutes show split on future interest rate cuts

Fed minutes reveal support for more rate cuts this year but highlight divisions over inflation risks and economic slowdown.

Shutdown halts key economic data as Fed weighs rate cuts
Oct 1, 2025

Shutdown halts key economic data as Fed weighs rate cuts

The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.

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