"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference after the Fed's decision to cut interest rates. Powell did note that ...
For decades, high-achieving high school students have been told the surest way to impress selective colleges is to take calculus. In a recent national survey of 133 admissions officers, 74% said the ...
The shift toward standardized metrics will make the selective college admissions process less fair, not more, Tara P. Nicola, ...
Oregon State football are 0-6 to start the 2025 season, prompting widespread frustration from Beaver fans and alumni. While many have questioned whether or not Trent Bray is the right person to ...
Deputy Governor Rhys Mendes discusses the importance of understanding which parts of inflation are lasting and which are temporary. He also talks about the Bank of Canada’s upcoming renewal of its ...
Kanika Pasricha from Union Bank of India says the RBI won’t blindly follow the Fed, stressing that domestic inflation and growth priorities will outweigh maintaining a rate premium with the US. She ...
On September 17, the Federal Reserve made its first interest rate cut of 2025, lowering its federal funds rate by 25 basis points — or a quarter of a percent — to the 4%-4.25% range [1]. It's a move ...
The government spends about $1 trillion annually on interest on its debt, so a lower interest rate should reduce those costs… right? Tax-policy reporter Richard Rubin discusses why the answer is more ...
Market indicators are supporting a bullish S&P 500 chart The S&P 500 Index (SPX) didn't fight the Fed after the U.S. central bank lowered interest rates by a quarter-point on Wednesday. You would have ...
Smoked fish products in England have a relatively low prevalence of Listeria but have been associated with illnesses, according to a study recently published. Researchers encouraged manufacturers of ...
The Fed’s recent rate cut won’t bring down borrowing costs enough to offset the rise in housing prices in most major U.S. cities, Zillow’s research suggests. When mortgage rates dropped to historic ...