Federal bank regulators continue to signal they’re on a path to update bank-merger guidelines that have been in place since 1995 in light of how the competitive marketplace has changed…
This week Freddie Mac said the average interest rate on a 30-year mortgage loan in the U.S. had climbed to 6.70% from 6.29% the week before and 6.02% two weeks…
In this article A significant challenge for landlords is to find the right affordable insurance coverage for their rental properties. In addition to fulfilling the requirements to obtain a mortgage,…
The numbers: Consumer sentiment rose in September to a final reading of 58.6 amid falling gas prices, though Americans remain broadly pessimistic about the economic outlook. The University of Michigan…
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical…
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest…
Struggling home-goods retailer and meme-stock phenomenon Bed Bath & Beyond reported its fiscal second-quarter results on Thursday, with the company touting its turnaround plan. But analysts warn there are plenty…
Shares of Carnival Corp. sank to a post-pandemic low after the cruise operator reported yet another wider-than-expected loss and sales miss, even as capacity improved to 92%. The stock CCL,…
U.S. stocks traded modestly higher Friday morning as Treasury yields pulled back despite a hotter-than-expected August inflation reading on the final trading day of a difficult week, month, and quarter…
The Chicago Business Barometer, also known as the Chicago PMI, dropped sharply to 45.7 in September from 52.2 in the prior month. Economists polled by the Wall Street Journal forecast…