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The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
I don’t know if Federal Reserve Chair Jerome Powell is a football fan. But I doubt it. If he were, he might have come across a well-known saying from legendary Hall of Fame NFL coach Bill Parcells: ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Food prices rose 2.7% on an annual basis last month, the same as the overall inflation rate. Items that have seen big cost ...
The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.
According the the AARP, the 2.5% COLA adjustment introduced this year boosted the average Social Security retiree's payment ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data ...
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