News
Economic fallout from Iran war sees mortgage rates spike | Northwest Arkansas Democrat-Gazette
6+ hour, 38+ min ago (688+ words) LOS ANGELES -- The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring. Mortgage rates have been…...
Wall Street suffers worst fall since war | Northwest Arkansas Democrat-Gazette
1+ week, 2+ day ago (815+ words) NEW YORK -- Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran. The S&P 500 slumped 1.7% for its worst day since January and…...
Iran conflict upends Fed’s next steps | Northwest Arkansas Democrat-Gazette
2+ week, 4+ day ago (576+ words) WASHINGTON -- The Iran war has scrambled the Federal Reserve's outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases....
US, neighbors negotiate pact’s future | Northwest Arkansas Democrat-Gazette
2+ week, 5+ day ago (832+ words) WASHINGTON -- Every day, more than $4 billion worth of goods cross the United States' borders with Canada and Mexico -- U.S. auto parts headed for car factories in northern Mexico, cartons of Mexican avocados bound for California supermarkets, Canadian aluminum destined to become…...
Inflation held steady before attack on Iran | Northwest Arkansas Democrat-Gazette
3+ week, 3+ day ago (1190+ words) KANSAS CITY, Mo. -- Inflation remained stubbornly elevated last month as gas prices rose, but it's a snapshot of consumer prices before a U.S.-Israeli attack on Iran sent energy costs soaring. Consumer prices rose 2.4% in February compared with a year earlier,…...
Fed report for Arkansas shows steady economy, improved outlook for upcoming months | Northwest Arkansas Democrat-Gazette
1+ mon, 18+ hour ago (87+ words) Fed report for Arkansas shows steady economy, improved outlook for upcoming months'Northwest Arkansas Democrat-Gazette Fed report for Arkansas shows steady economy, improved outlook for upcoming months Economic activity has remained unchanged since the previous Beige Book Report from the Federal…...
President, Fed chair pick seek ’90s redux | Northwest Arkansas Democrat-Gazette
1+ mon, 3+ day ago (529+ words) WASHINGTON -- President Donald Trump, his Treasury secretary and his choice to lead the Federal Reserve believe they can coax the U.S. economy into partying like it's 1999. They are putting their faith in artificial intelligence to duplicate what happened when another technology…...
Long-term mortgage rate hits lowest since 2022 | Northwest Arkansas Democrat-Gazette
1+ mon, 6+ day ago (11+ words) Long-term mortgage rate hits lowest since 2022Northwest Arkansas Democrat-Gazette...
Fed considers skipping rate cut | Northwest Arkansas Democrat-Gazette
1+ mon, 1+ week ago (566+ words) WASHINGTON -- Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate cut at its next meeting in March, a decision that would likely spur further attacks by President…...
Fed minutes show officials wavered on rate cuts | Northwest Arkansas Democrat-Gazette
3+ mon, 6+ day ago (124+ words) WASHINGTON -- Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank. Fed minutes show officials…...