The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August.

Fewer Americans filed for unemployment benefits last week as layoffs remained at historically healthy levels despite elevated interest rates.

American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research group says.

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years.

U.S. stocks rose to records to close out their latest winning week.

It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace.

Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday.

The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing strike — than a broader softening in the labor market.

U.S. stocks edged back from their record highs.

The recent pullback in mortgage rates and expectations of further easing next year may be motivating more U.S. homeowners to list their home for sale.

Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.

U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb.

Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their records.

U.S. stocks edged higher and remain near their record levels.

U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience.

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.

Wall Street closed its latest winning month and quarter with more records.

The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts.

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months.

U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves.

American consumers are feeling less confident this month and concerns about jobs rose significantly.

U.S. stocks drifted to more records in a quiet day of trading.

U.S. stock indexes reached new heights after drifting higher in a quiet day of trading.

With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years.

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week.

Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates.

News 6 spoke with a financial expert who says the Fed interest rate cut by 0.50 percentage points provides different opportunities.

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.

With inflation barely above their target level, Fed officials have been shifting their focus toward supporting a weakening job market and achieving a rare “soft landing,” whereby it curbs inflation without causing a sharp recession.

The Federal Reserve is expected to meet tomorrow, and all eyes are on what could be the first rate cut since 2020. With the current federal funds rate sitting at its highest point in 23 years—between 5.25% and 5.50%—consumers are left wondering how this decision will impact their wallets.

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers.

Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate.

Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture.

U.S. stocks closed their best week of the year with more gains and climbed to the cusp of their records.

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

U.S. stocks drifted to a mixed close following several weeks of sharp swings.

U.S. stocks climbed Monday to claw back some of the losses from their worst week in nearly a year and a half.

Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy.

Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy.

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling.

Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April.

Unemployment rates are rising across U.S. metropolitan areas, provoking alarm across the nation and likely leading to interest rate cuts in September.

An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years.

The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year.

American consumers felt more confident in August as their outlook for the future improved.

The Dow Jones Industrial Average inched up to another record high on a mixed day of trading for Wall Street.

The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages.

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.

With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months.

The number of Americans filing for unemployment benefits rose modestly last week, but remains at healthy levels Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday.

U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday.

Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.

U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year.

U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer.

The average rate on a 30-year mortgage edged higher this week, holding close to its lowest level in more than a year.

The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates.

Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected.

Wall Street ticked higher after the latest update on inflation came in almost exactly as economists expected.

Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month.

U.S. stocks drifted through a quiet day to finish mixed, as markets around the world stabilized following a wild week.

The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels.

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week.

Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years.

The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession.

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy.

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon.

U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth.

Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve.

For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly.

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates.

Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September.

After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently.

Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels.

Asian stocks are lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies.

U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level.

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record.

Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy.

Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point.

U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way.

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates.

Target says it will no longer accept personal checks from shoppers as of July 15.

U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier.

Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, while most other major world markets also advanced.

Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling.

The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates.

Shares are mostly higher in Asia after Wall Street's record-breaking rally powered on.

Asian stocks are mixed after benchmarks ended higher on Wall Street.

Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years.

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate.

Asian shares are rising as traders looked ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.

Shares have fallen in most Asian markets ahead of a key U.S. inflation report due Friday.

Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied.

Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the housing market’s busiest period of the year.

U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run.

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April.