The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.
"It’s exciting to have a CEO from Hawaii on this advisory board, and I look forward to contributing," said Ed Schultz.
Ryan Yamamoto reports on the push by new San Francisco Mayor Daniel Lurie to declare a state of emergency in order to better address fentanyl dealing and use in the city.
The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With the labor market in "solid" shape, the FOMC has become m
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic climate during its two-day regularly scheduled meeting,
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends.
What comes after troubled loans reach their new maturity dates could provide a telling look at how the U.S. office market is faring.
Until then, Trump's comments Thursday suggest he expects to regularly second-guess the Fed in public, despite a decades-long tradition among previous presidents of taking a hands-off approach to the central bank. Former president Joe Biden reappointed Powell, rather than replacing him, in a nod to central bank independence from politics.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $11.3 million, or fully diluted earnings per share ("EPS") of $0.
The U.S. dollar advanced against the yen on Tuesday amid fresh tariff threats from the Trump administration and as concerns over the emergence of a low-cost Chinese artificial intelligence model faded.
Looking for the lowest-priced plans in the area? Xfinity and Astound Broadband tie for the cheapest internet service in San Francisco, both starting at $20 per month. Astound offers the better ...