If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.

The headline The economy added 256,000 jobs in December, and the unemployment rate fell a tenth of a percentage point to 4.1% ...

The unemployment rate, which is derived from a separate survey, ticked down to 4.1% from 4.2% the prior month. Economists expected the unemployment rate to remain unchanged. Average hourly earnings ...

Bank of America said Friday it no longer expects the Federal Reserve to cut interest rates in 2025 following the stronger-than-expected December jobs report. Risks appeared skewed toward monetary ...

The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the ...

Analysis of December's strong jobs report, indicating a robust labor market and potential impact on Fed rate decisions. Click ...

As expenses continue to increase, many Americans turn to credit cards to help bridge the gap. However, credit cards have one of the highest interest rates of any consumer lending product, sometimes ...

The net result of today's one-two data punch is that we may no longer get any rate cuts this year. Just in time for President ...

A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.

Mortgage refi rates again added points, pushing the average almost to its highest level since July. Rate movement was mixed across other refi loan types.

Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...