News

When there are rate hikes or decreases from the Fed, borrowing rates tend to follow. And, the most recent Consumer Price Index data showed that inflation is cooling and the jobs report came in ...
In general, good economic news is bad for rates--a fact that played out throughout today's trading session, ultimately resulting in many mortgage lenders issuing mid-day rate hikes.
Ricardo Lara, the state’s insurance commissioner, has reportedly been reluctant to approve rate hikes for both auto and homeowners insurance, leaving insurers to pay out more than they collect.
Today, the U.S. inflation rate is holding at 2.39%, a decrease from the overall 2024 rate of 3.48% Trump’s 25% automotive tariffs went into place at the beginning of April. After weeks of ...
Cars sales have soared as consumers have flocked to buy vehicles ahead of price hikes. Mazda, Ford, Hyundai, and Kia all reported double digit sales increases last month. While most automakers ...
Mattel’s MAT2.78%increase; green up pointing triangle CEO said the company was moving more of its production out of China, lobbying the Trump administration to exempt toys from tariffs and ...
Investing.com -- The Federal Reserve left interest rates unchanged Wednesday as tariff-induced uncertainty continued to cloud the economic outlook, leaving the central bank rooted in its wait-and ...
ROCHESTER, N.Y. – During National Small Business Week, Rochester announced its Small Business Persons of the Year. Jennifer Posey, owner of Hedonist Artisan Chocolates, was named the Woman-Owned ...
That’s because companies first wait to see the impact of economic changes and then they need to get rate hikes approved by state regulators, he says. Typically, the lag is about a year ...
The strained supply lines due to Covid-19—paired with an increase in demand—caused prices to surge, and the FOMC had no choice but to implement consecutive rate hikes. CD rates responded ...