Photo of home site sign

US New-Home Sales Rose 1.3% in November

WASHINGTON — U.S. sales of newly built homes increased 1.3% in November from the prior month, a sign that low mortgage rates are pushing up purchases as well as prices. The Commerce Department said Monda...
Photo of Federal Reserve Board Chair Jerome Powell

What the Fed’s Rate Cut Means for You

The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent...