BankingEurope Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limitedJune 6, 202482FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of...
EconomyStock market today: Wall Street cleaves between winners and losers on report showing slowing economyJune 4, 202492NEW YORK (AP) — U.S. stocks were split among winners and losers Tuesday after a report suggested the job market...
BankingInflation ticked up in Europe in May. That likely won’t stop a central bank rate cut next weekMay 31, 202476FRANKFURT, Germany (AP) — Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on...
EconomyMany remember solid economy under Trump, but his record also full of tax cut hype, debt and diseaseMay 20, 202487WASHINGTON -- It was a time of fear and chaos four years ago.The death count was mounting as COVID-19 spread....
EconomyLatest US inflation numbers may give clues to future of interest ratesMay 15, 202496WASHINGTON (AP) — Led by lower food and auto prices, inflation in the United States cooled slightly last month after...
MortgagesAverage long-term US mortgage rate snaps five-week string of increases, but remains above 7%May 9, 202467The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home...
EconomyUS jobs report for April: Likely a slower but still-strong pace of hiringMay 3, 202482WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs...
BankingRegulators close Philadelphia-based Republic First Bank, first US bank failure this yearApril 27, 2024101Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkApril 26, 2024, 7:51...
EconomyStock market today: Wall Street drifts to a mixed finish as yields tick higherApril 18, 202452U.S. stock indexes drifted to a mixed finish on Thursday in a quiet day of trading.The S&P 500 fell 11.09...
MortgagesAverage long-term US mortgage rate climbs above 7% to highest level since late NovemberApril 18, 202492Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7%...