Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.
WASHINGTON — If a number defined the 2010s, it was 2 percent. Inflation, annual economic growth, and interest rates at
Read moreRates
Tech Layoffs Continue as Shares Fall and Interest Rates Rise
“High rates are painful for almost everyone, but they are particularly painful for Silicon Valley,” said Kairong Xiao, an associate
Read moreAs the Fed Raises Rates, Worries Grow About Corporate Bonds
Another is Bed Bath & Beyond, which has struggled to compete with online retailers and to keep ahead of changing
Read moreJob Openings Rose in September Despite Higher Interest Rates
The labor market has remained stronger than expected even as the Federal Reserve has tried to get inflation under control.
Read moreIRS Announces Inflation Adjustments for Tax Rates in 2023
Filers whose salaries have not kept pace with inflation could see savings on their federal income tax bills.
Read moreHigh Inflation in June Puts Pressure on Interest Rates
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading
Read moreRelief Eludes Many Renters as Fed Raises Interest Rates
Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the lowest rate
Read moreThe Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates
Read moreFed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to slow rapid
Read more