Economy News As Slowing Economy Boosts Hopes For Lower Interest Rates, Wall Street Keeps Hitting New Records

The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year

Economists don’t expect the tide to shift anytime soon. Only one economist is forecasting faster job growth and a lower unemployment rate in the year ahead, Bankrate’s poll found. The majority (81 ... Read More

Wall Street indexes end lower; data raises uncertainty for rate-cut outlook

NEW YORK (Reuters) -U.S. stocks ended lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty about the Federal Reserve's outlook for interest rate cuts. Data showed ... Read More

Lower mortgage rates are here, thanks to Wall Street bond investors

Mortgage rates have come down significantly over the past several weeks as bond investors become comfortable with economic conditions. Read More

Why Friday's Inflation Report Is A Big Deal After This Week's Economic News

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Wall Street drifts lower as its big rally loses steam

U.S. stock indexes are drifting lower on Wednesday as Wall Street takes a pause from what seemed like a relentless rally. The S&P 500 fell 0.3% in afternoon trading, coming off its first loss in four ... Read More