Breaking News: Investing

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating trade war threatens to cause…

Treasury Secretary Scott Bessent said Thursday that his previous comments about a "detox period" for the U.S. economy did not mean that a recession was necessary."Not at all. Doesn't have to be, because it will depend on how quickly the…

Baggage handlers load luggage onto a Southwest Airlines Boeing 737 at Austin-Bergstrom International Airport on August 24, 2024 in Austin, Texas. Kevin Carter | Getty Images News | Getty ImagesIt's happening: Southwest Airlines will…

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams |…

Alvarez | E+ | Getty ImagesHome prices have been rising, and so have down payments.The median down payment among homebuyers in December was $63,188, according to a recent report by Redfin. That's up 7.5%, or about $4,000, from a year…

U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025.Jeenah Moon | ReutersTreasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S.…

Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021.Graeme Jennings | Pool via…

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019. Yuri Gripas | ReutersThe Consumer Financial…

The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty ImagesThe U.S. Department of the Treasury on Sunday announced it won't enforce the penalties or fines associated with the…

Blonde woman standing in the room while unpacking boxes.Miniseries | E+ | Getty ImagesRent payments don't typically affect your credit — but they can in a few circumstances. The consequences can be significant.Rent doesn't show up in…