3+ hour, 22+ min ago  (659+ words) WASHINGTON " The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank's policymakers said they could support a rate hike later this year. The unexpectedly aggressive tilt toward higher rates would disappoint President Trump and suggests…...

5+ day, 2+ hour ago  (1300+ words) Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month. Consumer costs are 4. 2% higher compared to a year ago,…...

6+ day, 3+ hour ago  (204+ words) The average long-term U. S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started. The…...

1+ week, 2+ day ago  (673+ words) Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U. S. companies by revenue. This year, 57 of the top companies are headquartered in Texas, compared with California's 56. It's a reversal from two years…...

2+ week, 12+ hour ago  (696+ words) We've all heard references to a "K-shaped" economy. It's an image that reflects the growing wealth disparity in America. Those on the upward pointing arm of the "K" are seen as the wealthy investor class. They are prospering, despite rising…...

2+ week, 1+ day ago  (541+ words) DUBAI, United Arab Emirates " Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the Islamic Republic worries about the war with Israel and the United States restarting....

2+ week, 2+ day ago  (1136+ words) WASHINGTON " The world is getting more uptight about lending money to President Donald Trump's government " causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November's midterm…...

2+ week, 5+ day ago  (634+ words) NEW YORK " Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs. Prices for those red orbs have soared more than any other food product…...

2+ week, 5+ day ago  (652+ words) WASHINGTON " A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans" finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3. 8% in April…...

3+ week, 2+ day ago  (527+ words) South suburban real estate professionals say uncertainty abounds amid increases in the cost of living and interest rates....