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Federal Reserve Holds Rates Amid Jobs Weakness...
WASHINGTON — The Federal Reserve held its benchmark interest rate steady at 3.5% to 3.75% at its J...
Yen Intervention Effects Fade After BOJ Rate Signals...
The yen’s rebound from a rare joint intervention by Japan and the United States is losing momentum...
US Airfares Expected to Stay Elevated Despite Oil Moves...
CHICAGO — U.S. airfares are likely to remain elevated even if oil prices ease, as strong travel de...
Stocks Dip as Oil Rises on Iran Tensions...
NEW YORK — Global stocks edged lower on Tuesday as oil prices held near one-week highs, with stall...
US Trade Deficit Narrows Slightly in June Data...
WASHINGTON — The U.S. trade deficit narrowed slightly in June as imports fell more than exports, p...
Former Federal Reserve Chairman Alan Greenspan Dies at Age One Hundred...
WASHINGTON — Alan Greenspan, the economist who served as chairman of the Federal Reserve for more than 18 years under ...
Bond Yields Remain Elevated as Inflation Concerns Persist Through Mid-2026...
WASHINGTON — U.S. Treasury yields remained elevated through mid-2026 as persistent inflation and a hawkish turn from t...
Thirty-Year Fixed Mortgage Rate Holds at 6.63 Percent as Summer Buying Season Pe...
WASHINGTON — The average rate on a 30-year fixed-rate mortgage remained in the mid-6% range in June as the U.S. housin...
Social Security Tax Base Erodes as Higher-Income Earner Wages Grow Faster...
WASHINGTON — A growing share of U.S. wages is falling outside the portion of earnings subject to Social Security payro...
Federal Reserve Signals Possible Interest Rate Hike Before Year's End...
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged on June 17, 2026, but officials signaled t...
Wall Street Extends Losses as AI Valuation Concerns Spread Globally...
NEW YORK — Wall Street extended a technology-led selloff on Tuesday, June 23, as concerns over artificial intelligence...
Senate Passes Bipartisan Housing Affordability Bill with Broad Support...
WASHINGTON — The U.S. Senate on Monday, June 22, 2026, passed a bipartisan housing affordability bill aimed at increas...
Nasdaq Falls More Than Two Percent as Global AI Sell-Off Deepens...
NEW YORK — The Nasdaq Composite fell more than 2% on Tuesday, June 23, 2026, as technology stocks extended a global se...
South Korea's Kospi Index Plunges Ten Percent, Triggering Circuit Breaker...
SEOUL — South Korea’s benchmark Kospi stock index fell sharply on Tuesday, June 23, 2026, dropping nearly 10% and tr...
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