TOPIC

Mortgage rates ease for third straight week

The rate on the 30-year fixed mortgage fell to 6.67% this week from 6.69% a year ago, according to the latest data from Freddie Mac. One year ago, it averaged 5.81%.

More than half of Americans fear widespread job losses: Survey

Despite evidence of job growth, 75% of Americans said they fear widespread job losses, a Morning Consult survey showed. But a strong labor market may also push the Federal Reserve to keep increasing interest rates, as Americans cope with high inflation, reports have shown.

JPMorgan Chase names new head of AI unit

JPMorgan Chase has moved its global head of securities services into the role of chief data and analytics officer as the bank continues its artificial intelligence-related efforts.

How to sidestep big student loans

Student loan borrowers who have enjoyed a pandemic hiatus are about to get snapped back to reality when payments resume. It’s also a reminder to consider options before borrowing.