News
US mortgage rates drop below 6% for the 1st time in nearly 4 years
2+ mon, 2+ week ago (26+ words) The rate on a 30-year fixed mortgage dropped below 6% for the first time in nearly four years, according to new data from Freddie Mac....
US grocery prices rose in April, but gas spikes weren't the only reason
2+ day, 1+ hour ago (28+ words) 6abc Philadelphia US grocery prices rose in April, but gas spikes weren't the only reason...
Gas, groceries squeeze budgets as prices rise across Delaware County
2+ day, 34+ min ago (388+ words) BROOMALL, Pa. (WPVI) -- Inflation is impacting everyone, from gas prices to groceries to energy bills, and some say they've made lifestyle changes to cope. Drivers across the region are paying more at the pump, and even within the same town,…...
Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell
2+ day, 4+ hour ago (792+ words) The Senate confirmed President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy. Warsh was confirmed Wednesday in a largely party-line…...
With housing costs high, more homeowners consider tapping equity through HELOCs
1+ week, 1+ day ago (421+ words) PHILADELPHIA (WPVI) -- As high housing costs keep many people in their current homes, a growing number of homeowners are looking to tap their home equity for cash through a home equity line of credit, or HELOC. HELOC rates have risen…...
Judge approves $425 million Capital One settlement. How to check if you're eligible for payout
3+ week, 1+ day ago (24+ words) Millions of Capital One customers could soon see a boost to their bank accounts after a federal judge approved a $425 million lawsuit settlement....
Jobs report blows past expectations, defying hiring slowdown
5+ mon, 3+ week ago (438+ words) Employers hired far more workers than expected in September, defying a sharp slowdown over the summer that appeared to cool off the labor market. The U. S. added 119, 000 jobs in September, according to data from the U. S. Bureau of Labor Statistics. That figure…...
Fed holds interest rates steady in 1st move since war with Iran spiked oil prices
1+ mon, 4+ week ago (677+ words) Oil prices have surged in recent weeks, threatening wider inflation. The Federal Reserve held interest rates steady on Wednesday at its first meeting since the U. S. -Israeli war with Iran drove up gasoline prices and risked a wider bout of inflation....
US stocks erase a big early loss and rise after oil prices whip from nearly $120 back below $90
2+ mon, 6+ day ago (713+ words) CHICAGO -- The U. S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long. Oil prices whipped from nearly $120 per…...
President Trump's 'roaring' economy meets a rough start to 2026: What the latest numbers show
2+ mon, 1+ week ago (121+ words) 6abc Philadelphia Trump's 'roaring' economy meets a rough start to 2026: What the latest numbers show A thick plume of smoke rises from an oil storage facility hit by a U. S. -Israeli strike late Saturday in Tehran, Iran, Sunday, March 8, 2026. No signs of…...