MortgagesIt can be a ‘trap’ to carry mortgage debt into retirement: USA TodayJuly 25, 2024136As the numbers of seniors carrying mortgage debt in retirement has increased, so too has the potential financial burden of...
MortgagesKey U.S. mortgage rate drops to lowest since March, Freddie Mac saysJuly 18, 2024125By Makailah GauseNEW YORK (Reuters) - The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its...
Investing4 Stocks to Invest In as US Retail Sales Hold Steady in JuneJuly 17, 2024162In June, U.S. retail sales showed remarkable resilience, holding steady at $704.3 billion, according to the latest report from the...
CurrenciesEmerging-Market Currencies Hit Highest Since May on US CPI DataJuly 11, 202457(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets...
EconomyStocks rise as Federal Reserve chairman Jerome Powell welcomes US inflation progressJuly 3, 202476Wall Street indexes rallied on Tuesday after Federal Reserve Chair Jerome Powell noted progress made in taming US inflation, although...
EconomyUS headed for a deep recession, stocks could fall 30%, analyst warnsJuly 2, 2024150There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to...
BankingUnprecedented U.S. immigration surge boosts job growth, outputJuly 2, 2024155Pia M. Orrenius, Ana Pranger, Madeline Zavodny and Isabel Dhillon The current U.S. immigration surge is unprecedented. The influx flew...
EconomyU.S. deficit is nearly as big a Russia’s economyJune 30, 2024143The presidential election has brought the issue of federal budget deficits back into the spotlight as markets weigh the impact...
EconomyOpinion | What will happen when the US’ soaring debt runs up against its inflation fight?June 29, 2024182The Wall Street Journal, The Washington Post and the Financial Times, among others, have all turned their focus to the...
FinanceUS new home sales slump; supply at more than 16-year highJune 26, 202498By Lucia MutikaniWASHINGTON (Reuters) - Sales of new U.S. single-family homes dropped to a six-month low in May as a...