| Dec 31, 2014
| 9:40 AM
Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago.
The home-financing giant reported that the 30-year rate...
| Jan 16, 2015
| 7:29 AM
Plunging energy prices last month led to the biggest decline in the cost of living in six years, keeping inflation well below the Federal Reserve's target and possibly complicating plans for the central bank to start raising interest rates.
| Dec 30, 2014
| 8:15 AM
Stocks are still a good place to invest in the new year, and equities could easily jump another 25 percent before the bull market is done.
The S&P 500, which accounts for about 80 percent of publicly traded companies in the United States, is trading...
| Dec 31, 2014
| 6:36 PM
Investment success in 2014 was mostly about keeping it simple. That may not be a bad way to go in 2015, either.
Well-known U.S. blue chip shares handily beat obscure smaller stocks and most foreign markets over the last 12 months. High-quality bonds...
| Jan 2, 2015
The start of a new year is a good time to take stock. For those of us in the news business, this suggests stepping back and asking what's important. Here are five economic stories worth watching.
What happens to oil?
Saudi Arabia has helped drive down...
| Nov 7, 2014
| 5:00 AM
Fresh from the world of high-stakes trading, David Vitale arrived at Chicago Public Schools a decade ago with a plan to transform the way it borrowed money.
With the district thirsty for cheap cash, plain old municipal bonds weren't good enough anymore,...
| Jan 1, 2015
| 3:06 PM
Housing economists were nearly unanimous a year ago: U.S. mortgage rates would rise in 2014 because the Federal Reserve was unwinding a key economic stimulus that had helped keep long-term interest rates low.
But as the year passed, the Fed's pull-...
| Jan 8, 2015
| 9:27 AM
The global inflation rate slowed to 1.5% in November from 1.7% a year earlier, propelled largely by the steep drop in energy prices, the Organisation for Economic Cooperation and Development said.
The OECD data, released Thursday, added to concerns...
| Jan 9, 2015
| 6:17 AM
Ignoring the economic troubles in the rest of the world, the U.S. added another large batch of new jobs in December to conclude its best year of hiring since 1999.
The Labor Department said Friday that employers took on 252,000 net new workers last...
| Jan 6, 2015
My friend Greg long ago convinced me that instead of resolutions, each new year should come with one aspirational slogan. Like "Find the fix in '06." When I crowd-sourced the question of a slogan for 2015, a wise 10-year-old I know came up with, "See...
| Jan 6, 2015
| 1:10 PM
President Obama said Tuesday that he would nominate the former head of one of Hawaii's largest banks to serve on the Federal Reserve Board of Governors, following criticism from some lawmakers about the lack of community banking experience among the...