Business, markets and economy
The Fed raised rates in September for the first time in over three years, yet Big Tech’s A.I. spending keeps climbing. Borrowers feel the squeeze, savers get a better return, and the funding behind the boom is starting to show strain.
The Fed announces its next rate decision on Wednesday, October 28, 2026, at 2:00 p.m. ET, with the press conference at 2:30 p.m. Times by zone, what to watch, and what it means for mortgages.
From soaring health insurance premiums and rent to AI-driven electricity bills and pricier beef and coffee, here are the 10 costs squeezing American households hardest in 2026 — and why relief may still be years away.
Mortgage rates have broken above 7% for the first time since early 2025, driven by a surprise Fed rate hike, hot inflation data, and rising Treasury yields. Here's what's driving the surge, how it affects monthly payments, and what buyers, sellers, and homeowners can do about it.
The BLS releases the September 2026 jobs report Friday, October 2 at 8:30 a.m. ET. Here's the release schedule, August's numbers, and the key figures — payrolls, unemployment, wages, revisions — to watch amid the Fed's new hiking cycle.
U.S. diesel prices have surged to record levels in 2026, with the national average topping $6 a gallon for the first time ever. Here's what's really driving the spike — from Russian refinery strikes to tight U.S. inventories — and what it means for truckers, farmers, and everyday drivers.
The Fed just raised interest rates for the first time since 2023 — and defied Trump to do it. Mortgage, savings, and credit card rates are already moving. Here's what happened, why, and what to watch this week as new inflation data and a wave of Fed speeches could set the tone for the next hike.
US stocks posted their best day in six weeks after oil prices tumbled and bond yields eased. Here's what drove the rally, how it ties to the Fed's rate hike and the Iran conflict, and what it means for your portfolio.
WTI and Brent are trading lower Thursday as Saudi pipeline repairs ease supply fears, but Middle East tensions, falling US inventories, and new Russia sanctions legislation could still push gas prices higher in the weeks ahead.
The Federal Reserve lifted its benchmark rate by 25 basis points on September 16, 2026, its first hike since 2023, with Chair Keven Warsh telling reporters inflation remains above where the Fed wants it.
Gas hit $4.32 a gallon and diesel set an all-time record. Here's the latest forecast on whether prices will fall — and why an escalating Middle East conflict says probably not yet.
Gas hit $4.20+ a gallon and diesel just set an all-time record. Here's why prices are spiking — from the Strait of Hormuz conflict to a historically low Strategic Petroleum Reserve — and what drivers can expect next.