Interest rate News & Breaking Stories

Inflation is expected to be lower in the coming months, but elevated gasoline prices and labor movements could put upward pressure on prices.

Instacart's stock opened at $42 a share, 40% higher than anticipated, with a market valuation of roughly $13.9 billion.

Wall Street indexes gain as data suggests the Federal Reserve may keep interest rates unchanged in September.

Bitcoin's price fell by nearly 8% in an hour of frenzied trading, erasing most of its gains since June. The sell-off coincided with news that Elon Musk's SpaceX had written down the value of its bitcoin holdings by $373mn and sold the cryptocurrency. The volatility comes as US regulators crack down on the sector and as expectations of interest rate cuts by the Federal Reserve are reassessed.

Inflation has led to an increase in mortgage rates, with the Federal Reserve raising its federal funds rate. Experts predict rates will remain high.

Financial markets rally as US Consumer Price Index (CPI) matches estimates, increasing expectations of a Fed rate pause.

The Mega Millions jackpot for Tuesday night's drawing is estimated at $1.05 billion, thanks to rising interest rates and changes to the odds of winning.

WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."

ECB expected to raise rates as Fed raises interest rates.

Mortgage rates remain steady for home purchases, rise for refinancing.

Dollar falls as Fed raises rates, leaving room for more hikes.

AMC Entertainment's shares nearly double as court blocks conversion plan.

Experts predict mortgage interest rates will drop in late 2023.

Wall Street's winning week continues as inflation eases on economy.

U.S. stocks rise as inflation eases, tech sector leads gains.

June CPI rises by 0.2% and 3.0% over the last year, with shelter accounting for 70% of the increase; food prices also increase.

Inflation drops to lowest level in over two years, benefiting economy and stock market.

US Supreme Court blocks Biden's student loan forgiveness plan, citing unlawful implementation.

Bitcoin shows signs of optimism despite SEC lawsuits and stagnant price.