Economy

Federal Reserve Chairman Jerome Powell said Thursday that there are no “decisive” signs of wage inflation yet. Speaking in testimony before the Senate Banking Committee, the central bank head also said more gains can come […]

As Federal Reserve chairman, Jerome Powell oversees monetary policy and regulates banks. But members of Congress questioned him as if he were an omnipotent politician capable of addressing all sorts of issues that fell beyond […]

Higher home prices are adding to the difficulty for buyers. The median price of a newly built home rose to $323,000, a 2.5 percent gain compared with January 2017. Builders are not only increasing prices, […]