News

The Federal Reserve scaled back its view of prospects for the U.S. economy and labor market and said it would have to see more encouraging data before it considers raising interest rates. Meanwhile, the Commerce Department said economic expansion dropped […]

Sixty-eight percent of U.S. adults with college loans said they regret the way they financed their own or their children’s education. More than one-third of millennials wish they had delayed going to school in order to save more money first.

Companies appear to be less willing to use their cash holdings during the next three months than they were in January, research indicates. Separately, companies may find that forthcoming regulations for money market funds may complicate investment strategies.

Inflation worries prompt investors to turn to TIPS

U.S. sales of previously owned homes rose more than 6% to an annualized rate of 5.19 million in March, according to the National Association of Realtors. It was the highest level of sales since September 2013 and marked the sharpest […]

The Nasdaq Composite hit a record high Thursday, closing at 5,056.06 and topping a record set in 2000 right before the dot-com crash.

U.S. companies are considering wage increases as the labor market improves and major employers such as Wal-Mart Stores and McDonald’s are raising pay. But the higher expense could mean a hit to profits or a hike in prices.

Housing starts increased 2% last month to a seasonally adjusted annual rate of 926,000 units, according to the U.S. Commerce Department. Economists polled by Reuters had expected 1.04 million. Building permits decreased the most since May, suggesting residential construction is […]

Americans’ financial well-being improved this quarter, as indicated by a 6.5-point rise in the AICPA’s Personal Financial Satisfaction Index (PFSi). A decrease in inflation sparked by lower oil prices is largely responsible for the improved PFSi score, though loan delinquencies, […]