Mortgage rates hit highest level in a year as home price soar
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a…
US economy slows, yet Americans still spending in face of inflation
WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising…
Labor Department: US jobless claims rise to 197,000 in the week ending July 25
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but layoffs remain in…
Americans’ confidence in US economy falls as Iran conflict sends gas prices higher
WASHINGTON (AP) — Americans’ confidence in the economy fell this month as gas prices resumed their climb after…
Fed Chair Warsh faces pressure to combat inflation
WASHINGTON (AP) — The Federal Reserve is expected to keep its key interest rate unchanged when it meets…
Jeffries kicks off sprint to midterms with Democrats’ affordability agenda
BETHLEHEM, Pa. (AP) — The stage is in battleground Pennsylvania. The stakes are control of the House. House…
America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing…
New UK prime minister faces the same economic issues that sank his predecessor
LONDON (AP) — U.K. Prime Minister Andy Burnham’s announcements during his first 24 hours on the job underscore…
America In Focus: US inflation cooled in June, but AI build-out poses latest threat
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
BOJ likely to raise growth forecast and stand pat, sources say
The Bank of Japan is likely to consider raising its economic growth forecast at its July meeting while…
US weekly unemployment claims fall to 208,000, fewest in 10 weeks
WASHINGTON — Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S.…