| Feb 5, 2015
| 8:51 AM
Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-...
| Feb 4, 2015
| 2:35 PM
COLUMBUS, Ohio The Federal Reserve is stepping up efforts to fend off congressional audits of its monetary-policy decisions, with one official warning they would constitute a threat to its independence.
Proposals to audit the Fed "really are about...
| Jan 30, 2015
| 5:09 PM
Now comes the tough part for Federal Reserve Chairwoman Janet L. Yellen.
After winding down the central bank's bond-buying stimulus without roiling financial markets, Yellen begins her second year on the job next week with the more difficult task of...
| Jan 30, 2015
| 1:06 PM
The investment climate, in some ways, returned to normal in 2014: a healthy but not gaudy 14 percent rise in the Standard & Poor's index of 500 large companies, supported by moderate economic growth with somewhat stable interest rates.
It's a climate...
| Jan 29, 2015
| 3:48 PM
Filling up at the gas station has been a much more pleasant experience for Americans since last fall. Regular gas is now less than $2 a gallon in many states, down from around $3.30 just a year ago.
But how long will that last? It’s just one of...
| 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...
| 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 27, 2014
The stock market is expected to continue to be kind to investors in the new year but with more humble gains than the last three years.
Some analysts anticipate that by the end of 2015, the market will deliver only about 5 percent growth — far...
| 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...
| Jan 15, 2015
| 11:15 AM
Former Federal Reserve chairman Alan Greenspan, in a 1996 televised speech, referred to the continued overvaluation of stocks as "irrational exuberance" — an apt expression today in the wake of President Barack Obama's Dec. 17th announcement of a...
| 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-...