Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
Bradford Era2h
These dollar bills aren’t accepted anywhere in the U.S. Here’s why.
Some dollar bills aren’t accepted anywhere in the country, no matter where you’re shopping. According to Diario AS, the Bureau of Engraving, the Secret Service, and the Advanced Counterfeit Deterrence ...
Treasury Yields Edge Higher With Long-Term Debt Out of Favor
Treasury yields rose on Monday as traders continue to see a slower pace of interest rate reductions by the Federal Reserve ...
Stock Market Today: Dow ends higher for third straight daily gain, as bulls hold out hope for Santa rally
The Dow Jones Industrial Average went up 66.69 points or 0.2% to end at 42,906.95 for its third straight daily gain, ...
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices." ...
Stock market today: Dow breaks 10-day losing streak but stocks struggle to claw back losses after Fed sell-off
The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after ...
US stocks end sharply higher, dollar drops after inflation report
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the ...
What’s open on Christmas Day in Washington?
Christmas Day has arrived! But before running out the door for those last-minute gifts, stocking stuffers, tree trimmings ...
The Lowell Sun12d
Fed notes economic impact from “unusual weather”
The warm and dry stretch of weather that Massachusetts experienced from late summer into the fall caused a serious drought ...
Why Treasury Yields Are Rising Again and What to Do With Bonds Now
Bond investors dumped their long-term Treasuries as the Federal Reserve lowered interest rates this year. The yield, on the U.S. 10-year government note—a benchmark that sets interest rates on ...
Treasury Yields Stall Near Month’s Highs With Rate Cut Expected
The latest increases in US bond yields — ahead of an expected third interest-rate cut by the Federal Reserve on Wednesday — are also increasing the cost of remaining in cash and equivalents.
PCN: Interest Rates And Inflation Likely To Pressure Bonds And Bond Funds
See how PIMCO Corporate & Income Strategy Fund's high yield and leverage performs during inflation concerns and bond market ...