Tag: U.S. Treasury
New federal tax rules on tips spark confusion
John Elkhay, co-owner of the restaurant company Chow Fun Inc., is no stranger to navigating regulatory curveballs.
With his company managing more than 200 employees...
Pawtucket man admits to defrauding SNAP, U.S. Treasury out of $100K
PROVIDENCE – A Pawtucket man has admitted in federal court that he defrauded the Supplemental Nutrition Assistance Program and the U.S. Treasury out of...
Average U.S. rate on a 30-year mortgage edges higher
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for...
Mortgage rates fall but could stay at a level that makes...
LOS ANGELES (AP) – Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season...
Average U.S. long-term mortgage rate inches up to 6.93%
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
The benchmark 30-year fixed rate loan rate...
Providence City Council shifts unspent ARPA funds to school district
PROVIDENCE – The City Council on Thursday approved three amendments reallocating $4.4 million in remaining American Rescue Plan Act funds to meet the city’s...
Federal Reserve cuts key interest rate by a quarter-point
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation...
Dow drops 1,000 points, Japanese stocks suffer worst crash since 1987
NEW YORK (AP) – A scary Monday that started with a plunge abroad reminiscent of 1987 's crash swept around the world and pummeled Wall...
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...
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