Tag: Federal Reserve
Average rate on a U.S. 30-year mortgage reaches highest level since...
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers...
U.S. consumer sentiment slides to 3-year lows as trade war raises...
WASHINGTON (AP) – U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump's...
Average rate on a U.S. 30-year mortgage rises to 6.81%, highest...
The average rate on a 30-year mortgage in the U.S. edged above 6.8% this week, returning to where it was just three weeks ago.
The...
Federal Reserve official sees signs of slowing economy but not ready...
WASHINGTON (AP) – A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to...
U.S. applications for jobless benefits fall despite uncertainty over Trump tariffs
WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week despite heightened uncertainty about how President Donald Trump's tariffs will...
Federal Reserve leaves key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and...
Federal Reserve likely to defy Trump, keep rates unchanged this week
WASHINGTON (AP) – The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands...
U.S. economy shrinks 0.3% in first quarter as Trump trade wars...
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years. It was slowed by a...
Wall Street and the dollar tumble as investors retreat further from...
NEW YORK (AP) – Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his...
Capital One $35B purchase of Discover Financial gets regulatory approvals
NEW YORK (AP) – The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up...
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