Trump again says Fed should lower interest rates after better-than-expected jobs report
President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down."
Mortgage rates fall for 2nd straight week, Freddie Mac says
The average rate on the 30-year fixed mortgage fell this week to 6.76%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.
Private sector added 62K jobs in April, well below expectations, ADP says
The figure reported on Wednesday is well below economists’ estimates of 115,000 jobs and also down sharply from the prior month’s reading of 155,000 jobs.
Trump 'wasn't worried' about the bond market tsunami
As President Donald Trump wields tariffs against major U.S. trading partners, he is also taking on bond vigilantes who tested his resolve earlier this month with a massive and worrisome move in the markets.
Jeff Bezos-backed automaker unveils affordable EV pickup truck
Slate Auto unveiled its base model, affordable electric pickup truck this week. It comes with crank windows and no infotainment system but is expected to price below $30,000.
Mortgage rates dip from prior week, Freddie Mac says
The average rate on the 30-year fixed mortgage fell this week to 6.81%, according to the latest Freddie Mac data released on Thursday. That's up from last week's reading of 6.83%.
Dow falls over 900 points as Trump slams Fed's Powell, trade uncertainty weighs
Stocks fell on Monday, with energy shares among the biggest losers, as President Donald Trump ramped up his attacks on Federal Reserve Chairman Jerome Powell.
Mortgage rates jump as tariffs hit markets; biggest spike in nearly a year
The average rate on the 30-year fixed mortgage rose this week to 6.83%, according to the latest Freddie Mac data released on Thursday. That's up from last week's reading of 6.62%.
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data before changing interest rates.