US Long-Term Mortgage Rates Fall; 30-Year Average at 3.82%
US long-term mortgage rates fall for 6th week; 30-year average at 3.82%.
US long-term mortgage rates fall for 6th week; 30-year average at 3.82%.
US productivity grew at solid 3.4% rate in first quarter, best showing in 4 years.
US trade deficit shrinks 2.1% to $50.8 billion in April, but gap with China grows.
A union says Ford plans to close its engine plant in Bridgend, Wales, in September 2020.
Stocks closed higher on Wall Street for the second straight day Wednesday, extending the market’s strong gains from the previous day.
Carmaker to meet workers’ representatives while company plans steep cost-cutting
Fed says country saw slight improvement in economic activity in spring but gains tempered by rising trade tensions.
U.S. service companies expanded at stronger pace in May, driven in part by an increase in employment and business activity.
The Dow jumped more than 500 points Tuesday as investors welcomed signs the Fed may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars.
Poor Americans are likely to be hit hardest by new US tariffs on Mexican, Chinese imports.