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Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.

The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank.

Mark Cuban is worried that Americans will put too much emphasis on the economy when voting for president this fall.

Investors are finally waking up to the idea that the interest-rate cuts seen as a slam dunk earlier this year may not happen in 2024.

The Federal Reserve is likely to continue holding interest rates steady this week, but a cut could come later in the year.

Allowing people to keep cheap mortgage rates when they move home could boost listings and transactions, but may also risk creating fresh problems.

A Fed study showed that most payments are handled through debit or credit cards. However, experts say that cash is still a crucial payment method.

Higher interest rates are causing problems for US commercial real estate and ripples are spreading worldwide, but bargain hunters are ready to pounce.

Some economists think the US is well on its way to achieving a "soft landing" and avoid a recession, though not everyone agrees.

The Federal Reserve is expected to continue its pause on interest rate hikes this week, with cuts likely to come later this year.

The labor market may be returning to pre-pandemic conditions, Goldman Sachs found, though hiring rates are down and unemployment levels may rise.

Inflation rose at a higher-than-expected rate of 3.4% last month, damping market expectations of imminent cuts to interest rates.