Washington, DC CNN – Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve indicated a promising improvement on inflation. The average 30-year mortgage rate was 6.09% in the week ended February 2, down from 6.13% in the previous week, according to data from Freddie Mac released Thursday. A year …
Mortgage rates are falling for the fourth consecutive week Read More »
Eurozone inflation eased in the last two months of 2022 but the economic indicator remains well above the 2% ECB mandate. Jeff Greenberg | Global Image Collection | Getty Images Inflation in the eurozone fell for the third consecutive month in January on the back of a significant drop in energy costs. The headline inflation …
A Federal Reserve rate announcement screen is displayed as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDiarmid | Reuters the US Federal ReserveAnd European Central Bank And Bank of England They are expected to raise interest rates again this week, as they make their first …
Central banks are preparing to signal the path of lower interest rates in a crucial week Read More »
Suze Orman speaks during the AOL BUILD Speaker Series at AOL Studios in New York. Jenny Anderson | WireImage | Getty Images An unexpected bill is not convenient at all. But there are more reasons now that an unexpected event–such as a car repair or medical expense–could put Americans on a precarious financial footing. blaming …
Americans lack emergency savings amid ‘dangerous scenario’ Read More »
Senator Jack Reed (DRI) has called on the Federal Trade Commission (FTC) to investigate the rising price of eggs. Egg prices have more than doubled since last year, from $1.79 in December 2021 to $4.25 in December 2022, according to the Bureau of Labor Statistics. In a letter on Tuesday, Reid called on the Federal …
Senator calls for investigation of egg price gouging Read More »
Eggs for sale at high prices in New York on January 21, 2023. Fatih Aktas/Anadolu Agency via Getty Images) Egg prices have risen to historically high levels in 2022 — and one group claims the trend is due to something more outrageous than simple economics. Across all types of eggs, consumers saw average prices rise …
High egg prices due to a “collusion scheme” by suppliers, the group claims Read More »
