Oct 8 (Reuters) - The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
But when fresh data this Friday showed the job market is more robust than even the Fed chair thought, some analysts saw it as an opportunity to engage in what Philipp Carlsson-Szlezak, Boston ...
Texas was not all what it cracked up to be, according to Peter Hoholick, a native Californian who moved to Austin in 2021 on rumors that a cheaper, more laid-back lifestyle was in store.
The Texas housing market has cooled after a frenzy of activity during the pandemic. Boomtowns like Austin are seeing home prices drop, while fewer people are moving to the state. Some say they have ...
The Fed lowered its benchmark fed funds rate last month for the first time in more than four years by a half percentage point, or 50 basis points, to a range of 4.75% to 5% from a 23-year high of ...