| Jul 30, 2014
| 12:53 PM
Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy.
The Fed, in a statement...
| Jul 17, 2014
| 7:31 AM
The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks.
| Jul 31, 2014
| 3:32 PM
HAMPTON — One evening last summer, the Peninsula Pilots' braintrust of Hank Morgan and Chris Ochsenfeld pivoted away from their usual discussions of monetary policy and geo-global politics and wondered how they might better handle the team's...
| May 1, 2014
| 8:35 AM
Car sales in the U.S. hit their highest monthly level since the mid-2000s for the month of April, as retailers moved an estimated 1.4 million vehicles.
Those strong monthly numbers suggest car sales for the year could hit 16.5 million, up as much as 10%...
| May 7, 2014
| 8:30 AM
These are nationally available credit cards offering the lowest interest rates on purchases as of May. 07. If you typically pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards...
| May 27, 2014
| 6:35 PM
Pacific Investment Management Co. is rehiring a former top executive in its latest bid to overcome the furor still lingering from the surprise resignation of its chief executive early this year.
The Newport Beach bond fund giant said Tuesday that Paul...
| Aug 18, 2014
| 12:48 PM
Is it more difficult to borrow money for a mortgage today than it was just three years ago when pretty much anyone with a last name was approved for financing? Yes -- and it should be to avoid the kind of foreclosure crisis we're facing right now. Is it...
| Apr 28, 2014
| 6:15 AM
Federal Reserve officials are expected to start slowly reducing the central bank's $4.2 trillion in assets next year after the end of a key stimulus program that has helped dramatically increase the size of its balance sheet, according to survey results...
| Jul 10, 2014
| 10:59 AM
Three of the state's fastest growing credit unions are based in Broward County: City County, BrightStar and Sun credit unions, according to a statewide study.
The three grew assets by more than 10 percent last year as a time when nationally the...
| Apr 30, 2014
| 8:30 AM
pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards listed below feature special introductory or "teaser" rates for a specified time before regular rates apply. Additional fees...
| Jul 18, 2014
| 2:05 PM
Americans with advanced degrees are more likely to be higher earners than those with bachelor's degrees or less education, and less likely to be jobless, according to representatives from student loan giant Sallie Mae.
In December, the unemployment...