Sign in Subscribe

inflation

Weekly Mortgage Rates Rise as Fed Preps for a New Era

Mortgage rates ended last week on an optimistic note, as markets were encouraged by news of peace talks between Washington and Tehran. The conversation this week is much more dour. On Wednesday, the Senate blocked efforts to end the war, the seventh such measure put forth by Democrats. Tuesday saw

Part two: Democratic Senate candidate debate recap

Part two: Democratic Senate candidate debate recap

All five Democrat candidates vying to succeed sitting Sen. Steve Daines were on hand: Veteran Air Force commander, special agent, and leadership coach Alani Bankhead; tribal historic preservation officer Michael Black Wolf; Navy veteran and businessman Michael Hummer; former state Representative Reilly Neill; and actor, director, arts administrator and teacher

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

(EAST LANSING, MICH.) Kevin Warsh is now likely to secure Senate approval as the next Federal Reserve chair – and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored the dilemma

Inflation rises to 3.8%, driven by energy prices

(The Center Square) – Inflation increased 0.6% in April, with an overall rate of 3.8% over the last 12 months, according to new data from the U.S. Bureau of Labor Statistics. The energy industry remained a key driver of the inflation increase, rising by 3.8% in April.

Trump seeks rare suspension of the federal gas tax

(The Center Square) - President Donald Trump said Monday he will move to suspend the federal gasoline tax as the national average price of a gallon remains above $4.50 amid ongoing conflict between the United States and Iran and stalled diplomatic efforts to de-escalate tensions. Suspending the 18.4-

U.S. economy adds 115,000 jobs in April

(The Center Square) – The U.S. economy added 115,000 jobs in April, about double what economists had forecast, while the unemployment rate held steady at 4.3%, the Bureau of Labor Statistics reported Friday. Health care led job gains, adding 37,000 positions, followed by transportation and warehousing, which

Mortgage Rates Dip in Hope of War’s End

Mortgage Rates Dip in Hope of War’s End

If you've seen contradictory headlines about mortgage interest rates today, that's because rates are in an unusual spot. Where rates have been, where they are right now, and where they could go are three separate, but related, stories. Let's start with where rates have