The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top job at the central bank.

U.S. stock indexes are slipping following the latest discouraging signal on the U.S. economy. The S&P 500 fell 0.4% Tuesday, ...

AGNC's Q2 2025 performance slightly underwhelmed, with minor underperformance in book value and core earnings vs.

After five years of a hot housing market, demand has cooled down because buyers can’t bear higher prices amid persistent high interest rates, and they’re fed up with the asking prices.

President Donald Trump said on Tuesday he would not select Treasury Secretary Scott Bessent as the next chairman of the ...