Gross Domestic Income revised downward, undermining WH recession claims, Heritage expert says
The Biden administration's touting of Gross Domestic Income growth was challenged by newly revised figures that one expert says is more proof the country is in a recession.
Most homeowners find renovations worth it despite the expense, study says
A new study by House Method said that the majority of U.S. homeowners who have undertaken a home renovation found the time and money they spent on the projects to be worth it.
US unveils plan to fix baby formula shortage for good
Baby formula shortages have been a major issue the past year, with supply chain issues wreaking havoc on manufacturing. U.S. regulators have unveiled their plan for a long-term fix.
Halloween candy prices expected to jump 34% but its not deterring shoppers
The price for Halloween candy is expected to increase 34% this season but even still, industry experts project a spike in participation compared to years past.
Fed's Brainard warns restrictive interest rates may be needed 'for some time'
Federal Reserve Vice Chair Lael Brainard warned Friday that central bank policymakers will need to raise interest rates higher and keep them elevated for some time to fight inflation.
JPMorgan plans to hire 2,000 tech workers by year's end: report
JPMorgan Chase & Co. told Reuters the megabank plans on hiring roughly 2,000 engineers worldwide by the end of 2022 despite the slowing global economy.
Many college students with credit cards have debt, survey says
A recent U.S. News & World Report survey said 46% of college students with credit cards have debt.
How to pay off $20K in credit card debt
If you have $20,000 in credit card debt, here’s how you can make progress toward paying off those balances.
Today’s 30-year mortgage refinance rates slip | Sept. 30, 2022
Check out the mortgage refinancing rates for Sept. 30, 2022, which are largely up from yesterday.
Savings window opens: 30-year mortgage rates hit lowest levels in 6 days | Sept. 30, 2022
Check out the mortgage rates for Sept. 30, 2022, which are largely up from yesterday.
Retailers could see ‘great surge’ in sales as Hurricane Ian recovery efforts get underway: Justin Greider
JLL Senior Vice President and Florida retail lead Justin Greider says rebuilding efforts for commercial buildings could be a ‘positive’ for the state’s economy.
Credit unions' unsecured personal loan balances increase: report
Unsecured personal loans saw the biggest balance increase among loans borrowed from credit unions, a recent report by CUNA Mutual Group showed.
Fed enlists six major banks for climate risk analysis
The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.
Growing homebuyer reluctance could bring down real estate prices: Robert Shiller
Yale University Sterling professor of economics Robert Shiller provides expert analysis of the volatile real estate market as mortgage rates skyrocket.
Fed officials warn of additional interest rate hikes to fight inflation
Several Federal Reserve officials this week endorsed additional interest rate hikes as the central bank tries to bring inflation under control by slowing the U.S. economy.
Hurricane Ian's damage to Florida fertilizer plant creates 'concern' about rising food prices
Morning Consult food and beverage analyst Emily Moquin raises 'concern' that Mosaic Co. halting fertilizer production due to Hurricane Ian will raise grocery prices.
Personal loan interest rates continue trending down for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today’s 20-, 30-year mortgage refinance rates dip back below 7% | Sept. 29, 2022
Check out the mortgage refinancing rates for Sept. 29, 2022, which are mixed from yesterday.
Today’s mortgage rates: 30-year rates dive below 7% | Sept. 29, 2022
Check out the mortgage rates for Sept. 29, 2022, which are mixed from yesterday.
Mortgage rates rise for the sixth consecutive week
Freddie Mac data shows the 30-year fixed-rate mortgage averaged 6.70 percent with an average 0.9 point as of Sept. 29, up from last week when it averaged 6.29 percent.