Tag:

Federal

30-year mortgage rates drop from last year to 6.53%

The average 30-year fixed mortgage rate has dropped by 36 basis points compared to last year, offering a glimmer of hope and tangible savings for potential homebuyers despite ongoing short-term market volatility.

01 Jun 2026-11:13
FAA proposes $165K fine for Alaska Airlines

The U.S. Federal Aviation Administration (FAA) has proposed a $165,000 civil penalty against Alaska Airlines, alleging that it permitted intoxicated passengers to board flights.

26 May 2026-22:35
Kevin Warsh takes oath as Fed chair

Kevin Warsh was sworn in as chairman of the Federal Reserve on Friday, succeeding Jerome Powell during a White House ceremony.

23 May 2026-01:23
Aimee Bock faces 50-year sentence in $250M food scam

Federal prosecutors are demanding a 50-year prison sentence for Aimee Bock, the former nonprofit leader convicted of mastermind status in a staggering $250 million pandemic food aid scam.

21 May 2026-15:29
Why advocacy groups want a federal probe into Roblox

Popular gaming giant Roblox is facing renewed pressure in Washington as children's advocacy groups push for a federal investigation into how the platform treats its youngest users.

20 May 2026-14:19
US dollar strengthens as Treasury yields hit multi-week high

15 May 2026-10:38
US federal judge halts sanctions on UN official Francesca Albanese

A federal judge on Wednesday temporarily blocked US sanctions on Francesca Albanese, a UN expert on the Palestinian territories, ruling that the Trump administration likely infringed on her free-speech rights after she sharply criticized Israel.

14 May 2026-03:00
US Senate approves Kevin Warsh as Fed chair

The US Senate confirmed Kevin Warsh on Wednesday as chair of the Federal Reserve for a four-year term, appointing President Donald Trump’s nominee to lead the central bank amid increased scrutiny of interest rates and the Fed’s independence.

13 May 2026-23:36
Australian shares tumble as inflation fears lift rate outlook

Australian equities declined on Wednesday as expectations grew that the U.S. Federal Reserve could be forced to raise interest rates sooner than previously anticipated following hotter-than-expected inflation data.

13 May 2026-11:22
Recent inflation data was 'bad news,' Fed's Goolsbee says

02 May 2026-23:40

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