"It’s exciting to have a CEO from Hawaii on this advisory board, and I look forward to contributing," said Ed Schultz.

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much

SAN FRANCISCO (KGO) -- President Donald Trump is ordering federal employees eligible to work remotely to go back to the office. An executive order was signed right after his inauguration.

The Federal ... San Fran president Mary Daly, but it "doesn't usually derail growth." The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal ...

WASHINGTON (AP) — The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Meanwhile, many of the SBA's EIDL loans are being charged off and considered in default. In 2021, the agency charged off $21.5 million in EIDL loans. In 2022, that grew to $198.2 million. Last year, the agency charged off $52 billion in EIDL loans — about 17% of its portfolio.

“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam Khater, Freddie Mac’s chief economist. “The underlying strength of the economy is contributing to this increase in rates."

Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already creeping close to 7%. Overall prices rose 2.9% in December 2024 from a year earlier, higher than the 2.7% pace recorded in November, according to the Labor Department's consumer price index (CPI) data released Wednesday.

"There's no question there's going to be a lot of people impacted by this fire and their insurance falls short," said Amy Bach, with United Policyholders. As wildfire victims are forced to the California FAIR Plan,

Ben Bernanke’s contributions to economic thinking have been vast, from his extensive study of the Great Depression to groundbreaking research on the interplay of finance and the macroeconomy and the usefulness of unconventional monetary policy tools.

(The Center Square) – According to the U.S. Department of Housing and Urban Development, San Francisco permitted zero homes in November 2024, with just 744 homes permitted in the consolidated ...