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The average rate on a 30-year mortgage last week fell to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve this week. The long-term rate last week eased to 6.35 percent from 6.5 percent the previous week, according to mortgage [...]
Income inequality dipped, fewer people moved to a different home and the share of Asian and Hispanic residents increased in the United States last year, according to figures released last week by the U.S. Census Bureau. Those year-to-year changes from 2023 to 2024 were captured in the bureau’s data from the American Community Survey, the [...]
WASHINGTON (AP) — Producer prices fell unexpectedly last month, dropping 0.1 percent from July, according to a new federal government report. The Labor Department earlier this week reported that its producer price index — which captures inflation in the supply chain before it hits consumers — showed that wholesale inflation decelerated in August after advancing [...]
Ohio crop farmers started this year’s growing season dealing with an abnormally wet spring that has been followed by an unusually dry spell leading up to harvest time. As a result, the quality and quantity of some crops could be reduced, according to agriculture researchers. The April through July timeframe was the eighth-wettest such period [...]
LOS ANGELES (AP) — Rising housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given in some regions of the country. In some areas, it’s getting tougher for sellers to drive a hard bargain. Analysts say a [...]
After American Eagle rolled out its new ad campaign starring 27-year-old actor Sydney Sweeney over the summer, the fall denim campaign sparked a debate about race, Western beauty standards and the backlash to “woke” American politics and culture. Reactions centered on ads that used the word “genes” instead of “jeans” featuring the blonde-haired, blue-eyed actor [...]
OMAHA, Neb. (AP) — The Transportation Department is going to train 163 track inspectors to increase the number of people trained to spot problems with railroad bridges, but the railroad operators themselves will still be responsible for inspecting their own bridges and the results will still be kept confidential. Currently, there are seven Federal Railroad [...]
WASHINGTON (AP) — President Donald Trump earlier this week announced that U.S. Space Command will be located in Alabama, reversing a Biden-era decision to keep it at its temporary headquarters in Colorado. The decision from Trump caps a four-year tug of war between two states and opposing administrations about where to locate U.S. Space Command, [...]
NEW YORK (AP) — Kraft Heinz is splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies, currently called Global Taste Elevation Co., will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese, Kraft Heinz [...]
EAST PROVIDENCE, R.I. (AP) — Every time he rushed out on a fire call, East Providence Lt. Thomas Votta knew he put himself at risk for cancer. There are potential carcinogens in the smoke billowing out of a house fire, but also risks from wearing his chemically-treated gear. Last month, the Rhode Island fire department [...]