Trump Fed Nominee Stephen Miran Faces Senate Hearing: Independence of Central Bank in Question

President Donald Trump’s effort to reshape the Federal Reserve takes center stage this Thursday as the Senate Banking Committee prepares to hear the nomination of Stephen Miran, one of the … Read more

Mortgage Rates Hold Steady as Fed Signals Possible Rate Cut

Mortgage rates remained unchanged this week after a significant drop to a 10-month low, as markets anticipate an imminent Federal Reserve interest rate cut. The average 30-year fixed mortgage rate … Read more

July Jobs Report Sends Shockwaves Through U.S. Labor Market

The July jobs report delivered a sobering view of the U.S. labor market, with only 73,000 jobs added—far below the 105,000 expected. Payroll gains for May and June were sharply … Read more