The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term mortgage rate fell to 6.23% from 6.26% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged ...
OMAHA, Neb. — Tyson Foods' decision to close a beef plant that employs nearly one third of residents of Lexington, Nebraska, could devastate the small city and undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem significant, but the Lexington plant ...
NEW YORK — A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors. Many IPOs targeted for the end of this year will likely be pushed into next year as the Securities and Exchange Commission works to clear a ...
NEW YORK — More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or ...
TOKYO — Japan's global exports rose 3.7% in October from a year earlier while imports from the world edged up 0.6%, according to government data released Friday. Exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines mainly due to higher U.S. tariffs, ...
NEW YORK (AP) — Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves. After initially soaring toward what seemed like its best day since May, with an early surge of ...