Browsing: economy
The average long-term US mortgage rate jumped this week to its highest level in nearly three years. The benchmark 30-year…
The Federal Reserve’s preferred inflation gauge in August came in cooler than expected — likely delaying another interest-rate hike until…
The average long-term US mortgage rate rose this week above 7% for the first time since January 2025, the latest…
Sales of new US single-family homes surged to an eight-month high in August as buyers took advantage of price cuts…
Mortgage rates climbed for the fourth week in a row, driving the average long-term US home loan rate to just…
Americans’ household income hit a record high in 2025 while the poverty rate fell to its lowest level ever, according…
Back-to-back hotter-than-expected inflation readings may disappoint the majority of US central bankers who had been counting on price pressures easing…
Another California small business is tapping out. Brewery Draconum, a family-owned brewpub that has served Old Town Newhall for nearly…
Stocks rebounded Friday and clawed back much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across…
Inflation in August remained steady, but a key data point came in slightly hotter than expected – leaving the odds…