The stock market defied expectations again this year. Here’s how, by the numbers
The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it ...
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
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A look ahead: What does 2025 hold for interest rates, inflation?
As we turn to 2025, we’re optimistic the economy will keep growing. Here are key questions and risks we’re watching in the ...
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
But with inflation pressures still elevated and with concern that President-elect Donald Trump's policies could fuel ...
Pritzker touts rising minimum wage as Illinois’ unemployment rate has increased
Illinois employers are bracing for minimum-wage hikes, which may lead to more job cuts around the state. Illinois’ minimum ...
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
Why Morgan Stanley's Jim Lacamp says investors should 'be really careful' in 2025
Jim Lacamp, Morgan Stanley Wealth Management senior vice president, joins CNBC's 'Money Movers' to discuss his outlook on the ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
Refinance Rates Climb to Highest Level Since Late July
After yo-yo-ing in the low 7% range the previous two business days, 30-year refinancing rates rose again Tuesday. The current ...
Why 2025 is poised to be a challenging year for the Federal Reserve
Thomas Hoenig, former Kansas City Fed president and George Mason University senior fellow, joins CNBC's 'Squawk on the Street ...
Federal reserve issues final rate cut of 2024, what's next?
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve ...