Financial News

U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest read more

As the Biden White House continues to brag about the alleged success of its economic policies, government data shows the country is hemorrhaging full-time read more

courtesy of the folks at Northern

Federal Reserve officials are fiercely protective of their separation from politics, but the presidential election is putting the institution on a crash course read more

Federal Reserve Chairman Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high and some signs of read more

Ken has taught his followers invaluable information that we can choose to follow or not. Just like in when we were in school it is what you do with it that makes a read more

 These changes could disrupt  rewards earnings system as soon as this summer.

This site said 2.6% but have seen some calculating between 2.4 to 2.6%

The FOMC kicked off its highly anticipated two-day meeting on Tuesday, with markets eagerly awaiting the interest rate decision. Federal Reserve Chair Jerome Powell read more

President Trump built a multi-billion dollar media company out of nothing in just a few years even under an unprecedented relentless assault by corrupt political read more

The new rate reflects a 2.98% annualized rate of inflation in the six months ending in March 2024 plus a fixed rate of 1.3% that prevails over the life of the read more

Well there is one economist with half a brain cell. Lets talk about the possibility of another rate hike if inflation stays elevated. Too bad they all talked up read more

Eric Hovde, the Republican banking executive challenging Senator Tammy Baldwin in Wisconsin, may be developing a problem with older voters. The bank he leads, read more

The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average Americans, experts told the Daily Caller News read more

One wonders. I had earlier predicted no FFR cut until post election safe harbor was reached during the November meeting. Now wags much smarter than yours truly read more

US regulators just announced the first bank failure of 2024.The FDIC says it has stepped in to protect $6 billion in assets and $4 billion in customer read more

The neutral rate, sometimes called “r*” or “r-star,” can’t be directly observed, only inferred. Five years ago, after the Fed raised its benchmark federal-funds read more

U.S. inflation has eased notably but some states are well above the average while others are below. The five highest inflation rate states: 1.  Florida read more

Plan would use CPI-E instead of CPI-Wto reflect products seniors mostly use such as  food, healthcare and housing etc.  This has been introduced in the read more

Trump to screw with the Fed?

Tip of the iceberg?

The commercial property delinquency rate in the U.S. has risen by more than half in the past year, with a fifth of all U.S. office market space now sitting read more

Last-minute savers who are able to buy I Bonds before late April — and have them issued in April — would see a 5.27% annualized rate for six months but then expect read more

Newsflash boys you didn't hike interest rates high enough and you backed off way too early and now you're shocked that inflation is making a comeback. I wish they read more

There has to be a reason for the longest inverted yield curve in history. Something can't be right. We already know that a record number of consumers are living read more

Well Oil has been high for quite some time now and yet at the same time we are being told by the FED and others that inflation is gone and rate cuts are on the way. read more

In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie read more

(Bloomberg) -- Oil jumped on intensifying concerns about conflict in the Middle East, with Brent rallying above $90 a barrel in a sudden move higher. ...breaking read more

"Jamie Dimon argues "we can fix housing and mortgage markets" by simplifying regulations around origination, servicing and securitization. It could result in 1 read more

John Eastman was de-banked twice in the span of several months by two prominent banks, the Daily Caller has learned. I hesitated to post this because Eastman is a read more