Mortgage rates rose to the highest level since November 2023, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage…

The Treasury Department and IRS are moving to automatically establish Trump Accounts for millions of eligible children, a major expansion of the investment program created under President Donald Trump’s tax and spending law. Temporary regulations issued by Treasury and the IRS establish a system that allows the Treasury secretary to…

Companies in the private sector added 90,000 jobs in September, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 70,000 jobs and up from the prior month’s revised 36,000 payrolls.”It’s a strong report,” said ADP chief economist Nela…

This story about the August 2026 PCE inflation report will be updated with further details. The Federal Reserve’s preferred inflation gauge cooled more than expected but remained elevated well above target in August as consumers continued to face price pressures.The Commerce Department on Wednesday reported that the personal consumption expenditures…

This is a story about the final reading of second-quarter gross domestic product. Please check back for updates. The U.S. economy grew at a stronger pace than expected in the second quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Wednesday released its final reading of second-quarter GDP,…