Nation Sep 18 What to know about the Fed’s rate cut and mortgage rates Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it.
Economy Aug 14 Average 30-year U.S. mortgage rate drops to lowest level since October The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%.
Economy Aug 01 Wall Street takes worst tumble since May after employers slash hiring and new tariffs roll out The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.
Nation Jul 19 Tech company CEO resigns after video captured at Coldplay concert goes viral The IT company CEO captured in a widely circulated video showing him embracing an employee at a Coldplay concert has resigned. Andy Byron resigned from his job as CEO of Cincinnati-based Astronomer Inc., according to a statement posted on LinkedIn by the company Saturday.
Economy Jul 11 U.S. stocks move lower and pull S&P 500 back from its record President Donald Trump said in a letter Thursday that he will raise taxes on many imported goods from Canada to 35%, deepening the rift between the longtime North American allies.
Politics Jul 07 Trump announces 25% tariffs on goods from Japan and South Korea beginning Aug. 1 Trump has been talking for a while about ending trade negotiations and sending out letters informing countries about their tariff rates.
Economy Jun 27 U.S. stocks close at an all-time high just months after plunging from Trump trade worries The gains on Friday were broad, with nearly every sector within the S&P 500 rising.
Economy May 02 Wall Street sees 9th straight day of gains, reclaiming losses since Trump’s tariff escalation The rally was spurred by a better-than-expected report on the U.S. job market and resurgent hope for a ratcheting down in the U.S. trade showdown with China.
Economy Apr 07 Is another bear market coming out of hibernation? Here’s what to know Wall Street could soon be in the claws of another bear market as the Trump administration's tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy.
Politics Mar 17 Tariffs on lumber, appliances set stage for higher costs on new homes and remodeling projects The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential…