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Economy
Mortgage rates rise to 6.86%: Freddie Mac
Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday.…
Federal Reserve leaves key interest rate unchanged for fifth straight meeting
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged,…
Canada rescinds digital services tax, trade talks with US to resume
Canadian Prime Minister Mark Carney will resume trade talks with U.S. President Donald Trump after…
Trump says US ending all trade talks with Canada over digital services tax
President Donald Trump said on Friday that the U.S. is terminating all trade discussions with…
May PCE: Inflation ticked slightly higher to 2.3%
The Federal Reserve's preferred inflation gauge showed that prices ticked slightly higher in May as…
GE Appliances moving washer production from China to Kentucky in $490M deal
GE Appliances on Thursday said it would spend $490 million to move the production of…
US dollar sinks to three-year low on report Trump planning early Fed chair pick
The U.S. dollar sank to its lowest level in three years on Thursday following a…
Mortgage rates fall to 6.77%: Freddie Mac
Mortgage rates fell for the fourth consecutive week to the lowest level since early May,…
FHFA tells Fannie Mae, Freddie Mac to consider crypto as mortgage asset
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an…
US first-quarter GDP: Economy shrank 0.5% amid trade policy uncertainty
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments…
Trump administration challenges CBO deficit projections for tax bill
The Trump administration is pushing back on projections for the so-called "One Big, Beautiful Bill,"…
Microsoft plans more Xbox job cuts next week
Microsoft is planning another round of cuts at Xbox as part of the tech giant's…
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