The Federal Reserve said Wednesday it sees signs the recession is easing and that the economic outlook has "improved modestly" since last month.
Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month, Freddie Mac said Thursday.
Canada's central bank cut its trendsetting interest rate by a quarter point to a record-low 0.25 percent and said it will likely stay there through June 2010.
The Bank of England kept official interest rates on hold on Thursday, closing a series of cut in recent months that have brought rates to a record low of 0.5 percent, saying it would instead continue with its asset-buying program to boost the money supply.
Australia's central bank cut its key interest rate to the lowest level in almost 50 years Tuesday, reinforcing fears the global financial crisis has dragged the country into recession.
The federal government said Monday it will bump up a rate used to figure Medicare Advantage reimbursement to insurers, but many analysts expect overall payment rates to fall next year.
Black college athletes are graduating at higher rates than in the past.
Although electric rates just dipped for Tennessee Valley Authority customers, they may not stay down for long.
Rates on 30-year mortgages inched higher this week after two straight weeks of record lows, but still remained at attractive levels for borrowers looking to refinance their home loans.
The European Central Bank could further reduce its record-low interest rates, President Jean-Claude Trichet told reporters Thursday, after the benchmark figured was cut by a quarter of a percentage point to 1.25 percent.
Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.
Rates on 30-year mortgages plunged this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.
If you've got a good job, solid credit and your home's value hasn't fallen dramatically, you're likely to benefit from the Federal Reserve's extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U.S. housing market.
With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy.
Europe's two leading central banks cut interest rates to record lows Thursday to boost their recession-mired economies, but as rates near their floor all eyes turned to a radical alternative move by the Bank of England to effectively create new money.
The Bank of England cut official interest rates by half a percentage point to 0.5 percent and announced plans to expand the domestic money supply on Thursday as its attempted to revive Britain's ailing economy.
Several managed care stocks sank sharply Monday, one trading day after the government surprised analysts with a lower-than-expected increase in Medicare Advantage reimbursements for 2010.
The Bank of England revealed Wednesday that its policy makers had unanimously agreed to ask the government for the authority to create money in a bid to kickstart the economy as its ability to cut interest rates further dwindles.
Rates on 30-year-fixed mortgages fell this week, offering homeowners a chance to refinance their loans, Freddie Mac said Thursday.
The number of Americans on the verge of losing their homes fell in January but was still up from the same month a year ago. The numbers would have been higher if not for efforts to stall the foreclosure process.
The post office will get an extra 2-cents worth when you mail a letter starting in May.
The European Central Bank halted its campaign of interest rate cuts on Thursday, leaving its benchmark at 2 percent while the Bank of England cut by a half-point to a record low 1 percent as it tries to get the ailing British economy back on track.
Struggling banks would be banned from hiking interest rates above a national average under new government regulations proposed Tuesday that aim to halt such risky behavior.
The Federal Reserve signaled Wednesday that it stands ready to use new unconventional tools, or expand existing ones, to spur lending and consumer spending that could help lift the economy out of a painful recession.
The mortality rate of old-growth forests across the West has more than doubled in recent decades, and those forests are now losing more trees than they gain, according to a new study that identified the most probable cause as warming temperatures.