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Wall Street slumps as rising yields crank up the pressure

NEW YORK (AP) – U.S. stocks slumped Monday after higher yields in the bond market caused by a strong U.S. economy cranked up the...

Wall Street steadies as bond yields ease ahead of inflation report

NEW YORK (AP) – U.S. stock indexes held at a near standstill again on Tuesday, as traders made their final moves ahead of some potentially...

Average long-term U.S. mortgage slides to lowest level since late September

LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers...

Average long-term U.S. mortgage rate falls to 7.5% in second straight...

LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...

Average long-term U.S. mortgage rate climbs to 7.09%, highest level in...

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers...

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions 

WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...

McKee turns over email alleging official’s misconduct

PROVIDENCE – Under orders by Attorney General Peter F. Nerhona, Gov. Daniel J. McKee on Thursday made public the email that details misconduct by...

Average long-term U.S. mortgage rate climbs to 6.79% this week, highest...

LOS ANGELES (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level since November, driving up borrowing costs for...

Impact of U.S. defaulting on its debt will be felt globally

WASHINGTON (AP) – If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America's economy would hardly sink alone.  The repercussions...

Five Questions With: Michael Ice

Michael Ice is an associate teaching professor at the University of Rhode Island’s College of Business Administration with more than 30 years of experience...
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