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US-Iran historic ceasefire talks in Pakistan conclude before dawn, will resume after a break WTOP WTOP delivers the latest news, traffic and weather information to the Washington, D.C. region. See today’s top stories.
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News
America In Focus: inflation accelerated in August, home sales weaken and diesel prices soar – WTOP News
9+ hour, 37+ min ago (769+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update – WTOP News
22+ hour, 48+ min ago (240+ words) The central bank will close out its two-day meeting on Wednesday and could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That…...
The average rate on a 30-year mortgage rose to 6.76% this week, Freddie Mac says, the highest level in over 14 months – WTOP News
2+ day, 12+ hour ago (33+ words) MCLEAN, Va. (AP) — The average rate on a 30-year mortgage rose to 6.76% this week, Freddie Mac says, the highest level in over 14 months. - National Grains higher, livestock mixed 1 hour ago...
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation – WTOP News
2+ day, 16+ hour ago (296+ words) The central bank for the 21 EU member countries that use the euro currency raised its benchmark rate by a quarter percentage point to 2.50% at a meeting held in Berlin, away from the bank’s Frankfurt headquarters. Bank President Christine Lagarde said…...
US unemployment claims dipped to 206,000 last week, remaining at historically low levels with layoffs relatively scarce – WTOP News
2+ day, 16+ hour ago (20+ words) WASHINGTON (AP) — US unemployment claims dipped to 206,000 last week, remaining at historically low levels with layoffs relatively scarce....
US crude rises above $100 as gas and diesel prices move sharply higher – WTOP News
2+ day, 16+ hour ago (16+ words) NEW YORK (AP) — US crude rises above $100 as gas and diesel prices move sharply higher....
European Central Bank raises interest rates a quarter point to quell inflation as Iran war drives oil prices higher – WTOP News
2+ day, 16+ hour ago (22+ words) FRANKFURT, Germany (AP) — European Central Bank raises interest rates a quarter point to quell inflation as Iran war drives oil prices higher....
US wholesale prices moved higher last month in latest evidence of stubborn inflation – WTOP News
2+ day, 16+ hour ago (15+ words) WASHINGTON (AP) — US wholesale prices moved higher last month in latest evidence of stubborn inflation....
Wholesale prices moved higher last month in latest sign of stubborn inflation – WTOP News
2+ day, 16+ hour ago (197+ words) Excluding the volatile food and energy categories, core prices rose 0.2% from July to August, the same as the previous month. Compared with a year ago, core prices rose 4.6%, up from 4.2% in July. Other items that jumped in price include airfares,…...
US unemployment claims dip to 206,000 as layoffs continue to remain rare – WTOP News
2+ day, 16+ hour ago (233+ words) Filings for benefits dipped to 206,000 last week from a revised 207,000 the week before, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week volatility, also fell modestly to 206,000. Claims for jobless benefits are a proxy for…...