Crain's Detroit8h
Mortgage interest rates dip, keeping 30-year loans below 7%
Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last ...
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after ...
The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Next week: General Motors earnings, Fed policy meeting and the government’s first Q4 GDP estimate
General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first ...
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.
How Trump could radically reshape the Fed
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
43 years ago, another D.C. plane crash and dramatic rescue on the Potomac River
The crash and rescue on the icy river connecting Washington, DC and Virginia had similarities to this one. Five of the 79 ...
Tesla, IBM and Meta lead most of Wall Street higher
U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.