Wall Street closed out an up-and-down week with a mixed finish for U.S. indexes as bond yields rose and oil prices swung.

Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months.

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased.

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023, saying the move is needed to bring stubbornly high inflation closer to its 2% target.

Consumers may be griping about higher prices at the pump and elsewhere, but they keep spending, helping to power the economy, according to the latest government snapshot.

U.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control.

President Donald Trump is blasting Federal Reserve governors after the board raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation.

The Federal Reserve is widely expected to lift its short-term interest rate for the first time in three years to fight stubbornly high inflation.

U.S. stocks rebounded and clawed back much of their losses for the week after oil prices eased off their recent spurt.

The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week.

U.S. stocks sank after oil prices jumped to their highest levels since May.

Social Security recipients could see a 3.5% cost-of-living adjustment in 2027, according to an AARP analysis of inflation data.

The U.S. job market rebounded in August as employers added a surprising 162,000 jobs.

Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook.

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs.

The U.S. stock market drifted through a quiet day of trading after a report said inflation last month was a touch worse than economists expected.

U.S. stocks rose after the Treasury Department made a move to ease pressure emanating from the bond market.

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president’s effort to terminate her over mortgage fraud allegations that she has denied.

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June.

President Donald Trump has for months pressured the Federal Reserve to slash interest rates, claiming it would be “Rocket Fuel!”.

The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs.

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth.

The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years.

Gerson Gibbs, the Senior Managing Partner of Belite Capital, joined us on The Morning Show to discuss the Fed’s moves and the impact on average Americans.

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war.

The Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him.

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers.

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation.

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps.

Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected.

Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations.

The Federal Reserve's rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.

The Supreme Court says Federal Reserve governor Lisa Cook can remain in her job for now, a rebuke to President Donald Trump’s bid to wrest control of the nation’s central bank.

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near.

Pullbacks in big technology companies sent indexes lower on Wall Street.

World shares are mixed, with markets in Greater China closed for holidays.

Stocks closed higher on Wall Street, taking back most of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation.

The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.

Oil prices sank again, while U.S. stocks drifted to a mixed finish near their all-time highs.

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.

The U.S. stock market had its worst day since October as a sell-off in big technology companies weighed down the broader market.

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.

The Trump administration wants all current and future federal employees to sign non-disclosure agreements, part of a continuing crackdown on leaks to the media.

President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair.

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season.

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown.

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon.

U.S. consumer confidence rose modestly in April despite growing anxiety over soaring energy prices brought on by the war in Iran.

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification.

The Supreme Court’s term is packed — birthright citizenship, presidential removals, voting rules, transgender sports and more. Constitutional law expert Rod Sullivan joins News4JAX anchor Bruce Hamilton on this week’s episode of Politics & Power to discuss what’s at stake and why it matters to you.

Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.

A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began.

U.S. stocks rose, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.

More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.

After meandering for a couple of months, financial markets endured numerous frenzied swings during March as the war in Iran raged.

In a story published Mar.

The number of Americans applying for jobless aid inched up last week as employers continue to retain workers despite a labor market that has weakened considerably in the past year.

Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe.

President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve.

The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.

An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.

Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.

Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before the U.S.-Israeli attack on Iran sent energy costs soaring.

Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate cut at its next meeting in March, a move that would likely spur further attacks by President Donald Trump.

A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year.

Wall Street kept calm after the Supreme Court struck down President Donald Trump’s sweeping tariffs, and stocks ticked higher.

The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year.

U.S. stocks rose following sharp swings that shook financial markets overnight, including tumbles for Asian stocks.

Few ripples washed through Wall Street after the Federal Reserve decided to keep its main interest rate steady, just like investors expected.

Chief Justice John Roberts quietly defended the courts’ independence by focusing on history, not politics at the end of 2025. But the real test is coming in 2026, when the Supreme Court will decide if President Donald Trump can change major laws on citizenship, trade, and the Federal Reserve using executive power alone.

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result.

The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that price increases remain stubbornly elevated.

Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

Losses for several banks and Big Tech stocks pulled U.S. indexes lower, even though the majority of stocks on Wall Street rose.

Wall Street's relationship with the Trump administration is souring.

JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking.

Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies.

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing.

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.

U.S. stocks rose to more records following a mixed report on the U.S. job market.

Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low.

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026.

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank.

A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.

A coalition of 21 attorneys general from Democratic-led states has sued the Consumer Financial Protection Bureau and its director, Russell Vought.

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports.

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year.

The number of Americans applying for unemployment benefits jumped last week, but the total number of those collecting benefits fell to the lowest level in eight months.

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years.

The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026.

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months.

U.S. stocks largely held in place as Wall Street waits to hear what the Federal Reserve will say about interest rates.

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.

U.S. applications for unemployment benefits fell to their lowest level in more than three years last week, potentially complicating the Federal Reserve’s upcoming decision on interest rates.

U.S. stocks rose near their record levels.

As home prices continue to climb across Florida, a new analysis suggests it could take the typical household nearly a generation to save for a modest down payment.

The U.S. stock market held steadier as both bond yields and bitcoin stabilized.

U.S. stocks gave back some of last week’s rally, as bitcoin fell sharply again.