The average long-term U.S. mortgage rate edged up for the second week in a row, but remains just above its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.1% from 6.09% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate ...
NEW YORK (AP) — A day of dramatic swings on Wall Street, including Microsoft's worst drop in years and a sudden reversal for the price of gold, finished with only relatively modest moves Thursday. The S&P 500 slipped 0.1% after flirting with its record high in the morning and dropping by ...
NEW YORK (AP) — Starbucks said Thursday that it plans to open hundreds of new stores across the U.S. and add seating capacity at thousands of existing locations, doubling down on a strategy of emphasizing the company's cafes as community hubs even as consumer demand for drive-thru coffee ...
WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerome Powell said at a news conference that the economy's outlook "has clearly improved since ...
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CLIVE, Iowa (AP) — President Donald Trump on Tuesday made his first big pitch ahead of this year's midterm elections on his administration's economic performance, even as his administration remains mired in the fallout in Minneapolis over a second fatal shooting by federal immigration ...
