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Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authority to impose such levies. But a […]

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates. During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House said Thursday. The meeting was at Trump’s

Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Further analysis of the report, conducted by the Bank of America Institute, shows that three in four respondents expect home prices and interest rates to