Economy

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Mortgage rates rise to 6.66%: Freddie Mac

Mortgage rates rose this week to the highest level in a year, mortgage buyer Freddie…

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June PCE: Fed’s favored inflation gauge showed price growth eased

This story about the June 2026 PCE inflation report will be updated with more details.…

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US economy grew 1.5% in second quarter, Commerce Department estimates

This story about the advance estimate of second-quarter GDP will be updated with further details.…

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July FOMC: Fed holds interest rates steady

This story about the Federal Reserve's July 2026 interest rate decision is breaking news. Please…

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Mark Zuckerberg says AI power should be distributed, not centralized

Meta CEO Mark Zuckerberg wrote in a new op-ed published on Tuesday that the rise…

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Albertsons cuts outlook as ‘cautious consumer’ pressures grocery sales

Albertsons lowered its fiscal 2026 sales and earnings outlook Thursday after weaker grocery demand and…

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Freddie Mac says 30-year fixed mortgage rate reaches 11-month high

Mortgage rates rose again this week and reached the highest level in nearly a year,…

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Fidelity says retiree healthcare costs hit $185,500 in 2026 report

Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant…

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Florida’s $1.8 trillion economy surpasses Australia to rank 14th globally

Pulling in capital, talent and corporations at a historic clip, Florida is no longer just…

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Land Rover Discovery Sport recall targets rearview camera water damage

Jaguar Land Rover is recalling more than 15,000 vehicles over an issue that could affect…

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