inflation

US Long-Term Mortgage Rates Hit 6.53%: Tips for Homebuyers at This Nine-Month High

US Long-Term Mortgage Rates Hit 6.53%: Tips for Homebuyers at This Nine-Month High

The average long-term mortgage rate in the U.S. has climbed to its highest point in nine months, hitting 6.53%. This ... Read more

Surging Prices: Key Insights from the First Inflation Report by New Fed Chief Kevin Warsh

Surging Prices: Key Insights from the First Inflation Report by New Fed Chief Kevin Warsh

The latest inflation report from the Commerce Department shows that consumer prices hit a nearly three-year high in April, with ... Read more

Unlocking Affordable Eats: Guebert’s Insight on the lengths we’ll go for Budget-Friendly Food

Unlocking Affordable Eats: Guebert’s Insight on the lengths we’ll go for Budget-Friendly Food

Two weeks ago, the House passed a trimmed-down farm bill, but there’s not much excitement around it. After three years ... Read more

New Fed Chair Kevin Warsh Indicates Potential Return to Alan Greenspan’s Strategy: What This Means for the Economy

New Fed Chair Kevin Warsh Indicates Potential Return to Alan Greenspan’s Strategy: What This Means for the Economy

Newly appointed Federal Reserve Chair Kevin Warsh has made some interesting statements about his plans for leading the central bank. ... Read more

School’s Out: Sophia’s Kitchen Experiences a Spike in Young Visitors at the Food Pantry as Summer Kicks Off

School’s Out: Sophia’s Kitchen Experiences a Spike in Young Visitors at the Food Pantry as Summer Kicks Off

PEORIA (25News Now) – With summer break in full swing, Sophia’s Kitchen, a food pantry in Central Illinois, is seeing ... Read more

Fed Signals Possible Rate Hike Ahead if Inflation Remains High: Key Insights from Recent Minutes

Fed Signals Possible Rate Hike Ahead if Inflation Remains High: Key Insights from Recent Minutes

Interest Rate Decisions Amid Global Tensions Recently, the Federal Reserve held a meeting to discuss interest rates, and the discussions ... Read more

President Trump: America’s CEO-in-Chief on Crafting Unprecedented Deals and Breaking the Mold

President Trump: America’s CEO-in-Chief on Crafting Unprecedented Deals and Breaking the Mold

President Trump was surprised that Jensen Huang, the CEO of Nvidia, didn’t have a private plane. Just before a big ... Read more

Rising Food Prices Ahead: Understanding the New Wave of Inflation Impacting Your Grocery Bills

Rising Food Prices Ahead: Understanding the New Wave of Inflation Impacting Your Grocery Bills

April saw a rise in grocery prices, and experts warn this might be just the start of a longer trend ... Read more

April Sees Consumer Prices Surge 3.8% Year-Over-Year: What It Means for Your Wallet

April Sees Consumer Prices Surge 3.8% Year-Over-Year: What It Means for Your Wallet

Prices for everyday goods and services took a surprising jump in April, stirring up fresh worries about inflation’s toll on ... Read more

Global Markets React: Oil Prices Dip Amid Rising Tensions in Iran

Global Markets React: Oil Prices Dip Amid Rising Tensions in Iran

World markets showed mixed signals on Tuesday after a decline in U.S. stocks, which have recently hit record highs. Oil ... Read more