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Despite the negative day, the S&P 500 logged a weekly gain of 1.8%. The Nasdaq also posted a win of 1.8%, while the Dow ...

In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...

The Federal Reserve sets the federal funds rate. That rate influences the yield on the 10-year Treasury note, which serves as the index for most mortgage rates in the U.S. As the fed funds rate ...

Obverse Text: 5 / FEDERAL RESERVE NOTE / IE11359110B / E5 / UNITED STATES FEDERAL RESERVE SYSTEM / THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE / TREASURER OF THE UNITED STATES / A4 / ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic ...

The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from ...

The Federal Reserve System is the central banking system of the United States. It was created in 1913 by the enactment of the Federal Reserve Act, largely as a response to a series of financial ...

The buoyant dollar slipped a notch on Friday at the end of a holiday-thinned trading week, while the yen hovered near a ...

The Federal Reserve on Wednesday announced its third ... has been "a bit frustrating," he also sounded an optimistic note about the U.S. economy, stressing that the nation's growth has far ...

The Federal Reserve is likely to continue lowering interest rates, but the trend may not last in the new year. The Federal Reserve is likely to continue lowering interest rates, but the trend may ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...