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US unemployment claims dip to 206,000 as layoffs continue to remain rare
2+ day, 19+ hour ago (281+ words) Portraits of Presidents Donald Trump and Theodore Roosevelt hang above the Department of Labor in Washington, July 7, 2026. Credit: AP/J. Scott Applewhite WASHINGTON — Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and…...
Mortgage rates climb to highest since June 2025
2+ day, 21+ hour ago (276+ words) The average long-term U.S. mortgage rate rose to its highest level since June 2025 this week, increasing the already steep cost to buy a home on Long Island. The 30-year fixed rate rose to 6.76% on average through the week ending Thursday, according…...
Wholesale prices moved higher last month in latest sign of stubborn inflation
3+ day, 1+ hour ago (160+ words) Newsday Apple COO Sabih Khan, center, and CEO Tim Cook, left, give U.S. Secretary of Commerce Howard Lutnick a tour of a learning lab at Apple's Advanced Manufacturing Center in Houston, Thursday, Aug. 13, 2026. Credit: AP/Annie Mulligan WASHINGTON — Wholesale inflation picked…...
Debt piles up for young Argentines, testing support for President Milei
4+ day, 4+ hour ago (806+ words) Demonstrators protest with their hands tied outside the Economy Ministry, demanding government action over a household debt crisis, in Buenos Aires, Argentina, Thursday, Aug. 20, 2026. Credit: AP/Victor R. Caivano BUENOS AIRES, Argentina — At 18, Martín Taborda began studying law at Argentina’s prestigious…...
Unemployment claims tick up to 206,000 but remain at historically low levels
1+ week, 3+ day ago (347+ words) Hiring sign for sales professionals is displayed at a store, in Vernon Hills, Ill., Wednesday, April 15, 2026. Credit: AP/Nam Y. Huh More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels....
A hierarchy for retirement savings
1+ week, 5+ day ago (307+ words) Cash is fanned out from a wallet in North Andover, Mass, June 15, 2018. Credit: AP/Elise Amendola If you have a fixed sum of money to invest every month or every year, which investment account type gives you the biggest bang…...
US diesel prices hit a record high of $5.85 on average as the Iran war disrupts the flow of fuel
1+ week, 2+ day ago (925+ words) A nozzle pumps diesel into the fuel tank of bus in Orange, Calif., Tuesday, April 7, 2026. Credit: AP/Jae C. Hong CHICAGO — Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the…...
Average rate on a 30-year mortgage climbs to highest level in 13 months
1+ week, 2+ day ago (246+ words) A sold sign is posted outside a newly constructed luxury home in Wellesley, Mass., Aug. 25, 2009. Credit: AP/Charles Krupa Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a…...
America In Focus: key inflation gauge remains high; Fed's Warsh signals rate hikes may be needed
2+ week, 1+ day ago (1064+ words) Fed Chair Kevin Warsh, center, talks to Bank of England Governor Andrew Bailey, right, and Bank of Canada Governor Tiff Macklem at the annual Jackson Hole Economic Policy Symposium on Friday, Aug. 28, 2026, in Moran, Wyo. Credit: AP/Amber Baesler The…...
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
2+ week, 1+ day ago (793+ words) JACKSON HOLE, Wyoming — Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he…...