US inflation rises to 3.6% in September, strengthening bets on Fed rate hike in December

US inflation rose to 3.6% in September, increasing expectations of a Fed rate hike in December. (Pexel/Representative image) (Pexel)

US inflation rose in September as consumers paid more for gasoline and other goods. The rise strengthened economists’ expectations that the Federal Reserve (Fed) could increase interest rates in December. US inflation rose to 3.6% in September, increasing expectations of a Fed rate hike in December. (Pexel/Representative image) (Pexel) The Personal Consumption Expenditures (PCE) Price … Read more

US Federal Reserve leaves interest rates unchanged after September hike

The US Federal Reserve kept its interest rate unchanged at 3.75-4 per cent on Wednesday. (AFP)

The US Federal Reserve has decided to leave its main interest rate where it is. As per ANI, the rate stays at 3.75-4 per cent. The decision was announced on Wednesday, October 28, in Washington DC. Officials looked at two things: prices are still rising fast, but people are still spending and the economy is … Read more

US new home sales fall 0.6% in September as mortgage rates rise to 7.32% amid Middle East conflict

US new home sales fell in September as mortgage rates rose to 7.32%. (AP)

Sales of new single-family homes in the US fell 0.6% in September as higher mortgage rates linked to the Middle East conflict made it harder for buyers to afford homes. Sales fell to a seasonally adjusted annual rate of 676,000 units in September, the US Census Bureau said on Tuesday. This was lower than the … Read more

Bitcoin price today: BTC falls 3.6% as US wholesale inflation jumps 1.3% in September

Bitcoin price falls as US wholesale inflation rises sharply in September.(REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)

Bitcoin fell more than 3.6% on Thursday after new US data showed that wholesale prices rose sharply in September, raising concerns about inflation and the Federal Reserve’s next interest rate decision. Bitcoin was trading at around $81,500 following the release of the inflation data. Bitcoin price falls as US wholesale inflation rises sharply in September.(REUTERS/Dado … Read more

Stock market today: S&P 500, Dow Jones, Nasdaq futures fall as US inflation hits 3.7% in September

US stock futures fall as inflation rises to 3.7% and Treasury yields climb.
(REUTERS/Jeenah Moon/File Photo) (REUTERS)

US stock futures fell on Wednesday as inflation in September was higher than expected. Investors were worried that rising prices could remain a problem for the US economy. Treasury yields also went up, putting pressure on the stock market. US stock futures fall as inflation rises to 3.7% and Treasury yields climb. (REUTERS/Jeenah Moon/File Photo) … Read more

US inflation to hit 3.6% in September? Why CPI data matters for Fed rate decision

US inflation and gas prices remain key factors in the Federal Reserve's October interest rate decision. (Pexel/Representative image) (Pexel)

The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more

An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 on September 6; the rare piece was one of eight territorial coins in a collection that drew 475 bids from collectors

An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 on September 6; the rare piece was one of eight territorial coins in a collection that drew 475 bids from collectors

An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 (Image Credit: GreatCollections) An 1852 California Gold $50 piece has brought nearly $368,000 at auction, highlighting the enduring appeal of coins linked to the early Gold Rush era. According to the auction house GreatCollections, the rare Augustus Humbert $50 was part … Read more

US job growth slows sharply in September; unemployment rate rises to 4.2% – Key highlights here

September's job growth was weaker than anticipated, adding only 29,000 nonfarm jobs. The unemployment rate increased to 4.2%.

US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost taking another interest rate hike from the Federal Reserve this month off the table. September’s job growth was weaker than anticipated, adding only 29,000 nonfarm jobs. The unemployment rate increased to … Read more

Mortgage rates today, September 23, 2026: 30-year fixed rate falls to 6.92% — What homebuyers need to know

Mortgage rates today: 30-year fixed rate falls to 6.92% on September 23, 2026.  (Pexel/Representative image) (Pexel)

The average 30-year fixed mortgage rate is 6.92% on Wednesday, September 23, 2026. That is 11 basis points lower than Tuesday’s rate, giving homebuyers a small drop in borrowing costs. The latest figures come from the Zillow lender marketplace. Mortgage rates are national averages and are rounded to the nearest hundredth, so the actual rate … Read more

Old Farmer’s Almanac weather forecast for September 21-30: What weather will the US see?

The Old Farmer's Almanac has shared its weather outlook for the rest of September across the US. (Old Farmer's Almanac)

The Old Farmer’s Almanac has shared its long-range weather outlook for September, and it gives a region-by-region look at what the rest of the month may bring across the United States. The Old Farmer’s Almanac has shared its weather outlook for the rest of September across the US. (Old Farmer’s Almanac) What is the Almanac … Read more