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Latest Articles
Fed Meeting Prediction Market Preview: What Will Kevin…
10+ hour, 36+ min ago (464+ words) Two weeks ago, a Federal Reserve rate hold on Wednesday looked like a lock. Then the U.S.-Iran ceasefire collapsed, oil spiked, and traders started repricing fast. Polymarket still gives a 76% chance the Fed stays put, and a 24% chance of a…...
RI Jobless Claims Nearly Double as Rate Hits 4.5%
1+ hour, 18+ min ago (518+ words) Rhode Island lost 400 jobs in July and the unemployment rate rose to 4.5 percent — but the number that matters is new unemployment claims, which nearly doubled from June to an average of 1,559 a week. 26,700 Rhode Islanders were counted as unemployed in…...
Bank of England to keep rates steady while oil prices gyrate
56+ min ago (652+ words) LONDON, July 30 (Reuters) – The Bank of England looks set to keep interest rates steady on Thursday as it weighs the impact of the on-again, off-again Iran war that has closed the Strait of Hormuz for the past five months and…...
AP explains Fed decision to leave interest rates unchanged
1+ hour, 35+ min ago (19+ words) Yahoo AP explains Fed decision to leave interest rates unchanged...
Fed holds key interest rate steady. Here's what It means for your wallet
1+ hour, 20+ min ago (459+ words) WASHINGTON - The Federal Reserve voted 9-3 to leave the key interest rate unchanged on Wednesday, though markets widely expect policymakers to approve a rate hike at their next meeting in September. The Fed’s rate-setting committee reached its decision after two days…...
Fed Didn’t Raise Rates After All — Will Mortgage Rates Fall?
2+ hour, 51+ min ago (731+ words) Mortgage rates could drop a little over the next few days, as central bankers at the Federal Reserve ultimately decided to hold overnight borrowing rates steady at their meeting ending July 29. Mortgage rates jumped in the days leading up to…...
Bank of England set to hold interest rates at 3.75
51+ min ago (506+ words) The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the Middle East. Economists have said they still expect a majority of the Bank’s rate-setting committee to opt to keep the base interest…...
Fed leaves interest rate unchanged but with 3 dissents as Warsh praises ‘good family fight’
21+ min ago (669+ words) By PAUL WISEMAN AP Economics Writer Federal Reserve Board Chairman Kevin Warsh speaks at a news conference at the Federal Reserve in Washington, Wednesday, July 29, 2026. The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth…...
US Stocks, Treasuries Fall as Fed Hold Fuels Inflation Fears; Dow Drops 1,153 Points
58+ min ago (342+ words) Major US stock indexes closed lower in New York on July 29 as the Federal Reserve left interest rates unchanged and renewed military clashes between the US and Iran drove oil and other commodity prices sharply higher, adding to inflation fears....
House sales drop in summer property slump
55+ min ago (716+ words) Higher mortgage rates and political uncertainty have led to a sharper-than-usual summer slowdown in the property market, according to the website Zoopla. The number of sales agreed fell by 9 per cent in July compared to the same time last year,…...