5:49am: Lawmakers may wait until after the election before dealing with $7 trillion worth of tax hikes and spending cuts. But such prolonged uncertainty may prompt markets and businesses to act sooner. More
Former Labor Secretary Robert Reich says the growth in income for the top 1 percent has limited purchasing power for the rest. Play
With a new plan averting many Postal Service closures this year, the next deadline for Congress to save the struggling agency is Aug. 1. After that it won't have enough cash to pay a retiree fund.
Customers are making massive withdrawals from Greek banks and the European Central Bank has frozen lifeline loans - raising the risk the country will exit the eurozone.
Unlike many other nations, the U.S. does not require companies to offer paid time off to workers. Americans who are offered vacation often don't take it.
A Connecticut agency is raising money from private companies and citizens to place the long-term unemployed in subsidized jobs.
Fitch downgrades Greek government debt and calls country's exit from eurozone 'probable' if pro-austerity coalition doesn't win in June vote; rest of eurozone's ratings at risk as well.
While postal offices were spared, 48 postal plants will be consolidated this summer, affecting some 5,000 employees. By the end of 2014, some 229 plants will be consolidated and 28,000 jobs will be gone.
JPMorgan's $2 billion trading loss has spurred a Senate panel to invite CEO Jamie Dimon to testify.
Moody's downgrades four Spanish regions, two of them to junk.
Lawyer and investment banker Jerome Powell and Harvard economics professor Jeremy Stein to take 14-year terms on the Federal Reserve Board of Governors.
Gas prices have been steadily falling in most of the nation, but West Coast drivers are still paying top dollar at the pump.
| Latest Report | Next Update |
|---|---|
| Inflation (CPI) | May 15 |
| Retail sales | May 15 |
| Home Prices | May 29 |
| Consumer Confidence | May 29 |
| GDP | May 31 |
| Jobs | Jun 1 |
| Manufacturing (ISM) | Jun 1 |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.79% | 3.75% | |
| 15 yr fixed | 3.11% | 3.02% | |
| 5/1 ARM | 2.67% | 2.66% | |
| 30 yr refi | 3.86% | 3.82% | |
| 15 yr refi | 3.22% | 3.13% |
Today's featured rates:
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