U.S. economy

Mortgage Rates Near 5 Percent For First Time In Several Years
Mortgage Rates Near 5 Percent For First Time In Several Years
October 11, 2018  |  Loans

Mortgage rates reached a high that hasn’t been seen in longer than seven years when they inched up close to 5 percent on Wednesday (Oct....

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Tech Stocks, Quickly Falling From Investors’ Favor?
Tech Stocks, Quickly Falling From Investors’ Favor?
October 11, 2018  |  Economy

At this writing at least, it ain’t over yet – the selling, that is. Though stocks pared their losses intraday in selling that continues on...

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Rate Hikes Hint At Credit-Card Debt Trap
Rate Hikes Hint At Credit-Card Debt Trap
October 10, 2018  |  Economy

Now, it seems, interest rates have garnered some, well, interest. It has been barely a week since the Federal Reserve boosted interest rates by a...

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ADP: September Job Growth Highest In Seven Months
ADP: September Job Growth Highest In Seven Months
October 03, 2018  |  Economy

The pace of job growth quickened in September, to a level not seen in seven months, according to data released Wednesday by ADP and Moody’s...

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Fed Rate Hike Hits Consumer Confidence
Fed Rate Hike Hits Consumer Confidence
October 01, 2018  |  Loans

Last week brought a confluence of economic headlines that are slated to hit the consumer right where it hurts: the wallet – and perhaps the...

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Consumer Confidence Hits An 18-Year High
Consumer Confidence Hits An 18-Year High
September 25, 2018  |  Economy

With a strong labor market and expectations for more growth in the economy, consumer confidence in the U.S. reached an 18-year high in September. According...

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US Credit Scores Soar To 704, But Debt Looms
US Credit Scores Soar To 704, But Debt Looms
September 25, 2018  |  Debt

New data shows that as U.S. credit scores hit their highest point since the Great Recession, Americans are also borrowing more than ever. According to...

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FTC Chairman Eyes Tougher Tech Enforcement
FTC Chairman Eyes Tougher Tech Enforcement
September 14, 2018  |  Regulation

The chairman of the Federal Trade Commission (FTC) said he might consider getting tougher on antitrust enforcement, which would have an impact on high-profile big...

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Median Household Income Tops $61K In 2017, Up 1.8 Pct
Median Household Income Tops $61K In 2017, Up 1.8 Pct
September 13, 2018  |  Consumer Finance

New census data shows that U.S. household incomes rose for the third straight year, up 1.8 percent when adjusted for inflation. The Wall Street Journal...

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