Economy

Consumer credit increased at a seasonally adjusted annual rate of 1.9% in August, according to the Federal Reserve. Revolving credit...

The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.73%.

Most members of the Federal Open Market Committee believe they may need to raise the target range for the federal...

Consumer inflation expectations in September increased at the short- and medium-term horizons and remained unchanged at the longer-term horizon, the...

Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to...

For banks, although price pressures remain, a strong services sector and a stable labor market should continue to support credit...

As mortgage rates rise, the “lock-in effect” is likely to intensify as more homeowners are discouraged from moving or buying...

While the unemployment rate remains relatively low, a continued deterioration in labor market conditions could lead to some weakening in...

The rate for a 30-year fixed-rate mortgage was 7.28% this week. The rate for a 15-year fixed-rate mortgage was 6.6%.

Q2 trading revenue was $5.3 billion, or 32.5%, more than in the previous quarter and $5.1 billion, or 30.6%, more...