Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage was unchanged from last week at 7.40%, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was ...
NEW YORK (AP) — U.S. stock indexes muscled higher Thursday, led by companies delivering bigger profits. They pulled closer to their records even as stocks in the artificial-intelligence industry kept swinging on worries about how much longer their boom will last. The S&P 500 rose 0.3% after erasing an early-morning loss and pulled closer to its all-time high set last week. The Dow Jones Industrial Average jumped 556 points, or 1.1%, while the Nasdaq composite added 0.1%. Marsh & McLennan helped lead the way and rallied 4.6% after the insurance and professional services firm that ...
WASHINGTON (AP) — U.S. inflation accelerated last month as gasoline and many other goods and services became more expensive, evidence that rising prices remain an economic challenge just a few weeks before midterm elections that have focused heavily on affordability. The consumer price ...
