Fed Keeps Interest Rates on Hold as Oil Shock Raises Inflation Risks

Federal Reserve policymakers are keeping interest rates on hold, as the Iran war sends oil prices soaring and threatens to ignite a new round of inflation. Fed Chair Jerome Powell joined the 11-1 majority on the Federal Open Market Committee to vote in favor of leaving the federal funds rate unchang

Fed keeps rates unchanged as inflation, geopolitical risks cloud outlook

In a widely expected move, the Federal Reserve held its benchmark interest rate steady Wednesday at a target range of 3.5% to 3.75%, the same level it set in January. “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemplo

Meghan Trainor Has Slashed $5 Million Off the Price of Her Former L.A. Mansion

The 14,000-square-foot pad is back up for sale at a significantly reduced $7 million after first hitting the market in 2024 for nearly $12 million.

Fannie Mae, Freddie Mac announce revisions to condo insurance standards

Fannie Mae and Freddie Mac on Wednesday announced updates to condominium project standards and property insurance requirements for one- to four-unit properties and project developments, with a stated goal of reducing costs for homeowners. “We are replacing a disruptive and expensive Biden insurance