After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared…
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Federal Reserve official agrees the central bank can ‘proceed carefully’ on interest rates
Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time as it decides whether additional interest rate hikes…
Walgreens CEO Roz Brewer steps down after more than two years in the role
Walgreens Boots Alliance said Friday that Roz Brewer had stepped down as the company’s chief executive. She also left the company’s board, effective Thursday. The decision was mutual, according to a news…
The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve interest rate hikes. Nonfarm payrolls grew by a…
After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from…
A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo across the state. A law eliminating…
CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that Florida’s insurance industry remains in flux. Idalia made…
CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that Florida’s insurance industry remains in flux. Idalia made…
Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items
In most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is already here. Halloween candy and pumpkin spice lattes used…
U.S. economic growth for last quarter is revised down to a 2.1% annual rate
The U.S. economy expanded at a 2.1% annual pace from April through June, showing continued resilience in the face of higher borrowing costs for consumers and businesses, the government said…