The S&P 500 and the Nasdaq rose solidly after a shaky start on Monday, as technology stocks found their footing following last week’s AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve’s interest-rate path. While the Dow notched its second closing record in a row with a […]
Find out which banks are offering the best CD rates right now. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about […]
As the housing affordability crisis becomes a growing political focus, Kevin Warsh, President Trump’s pick to chair the Federal Reserve, has said he believes the central bank can use its monetary policy powers to help bring down mortgage rates. “We can lower interest rates a lot, and in so doing, get 30-year fixed-rate mortgages so […]
Mortgage rates were little changed this week as the Federal Reserve held benchmark interest rates steady, and investors geared up for a potential extended pause. The average 30-year mortgage rate was 6.1% through Wednesday, according to Freddie Mac data, from 6.09% a week earlier. The average 15-year mortgage rate was 5.49%, from 5.44%. Learn more: […]
The S&P 500 and the Dow opened slightly higher on Monday, as investors braced for a heavyweight run of earnings along with a closely watched Federal Reserve monetary policy decision later in the week. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 88.92 points, or 0.18%, to 49,187.63, the S&P 500 gained 8.82 […]