Even with the Federal Reserve reminding investors that policy makers remain on course to raise interest rates next year, one corner of the bond market is warning of the risk of deflation.
New York Gov. Andrew Cuomo is getting heaped with praise by environmentalists and scorn by business interests for a planned state ban on hydraulic fracturing for natural gas, even as he insists the decision wasn't his.
LONDON (Reuters) - The Swiss National Bank's move to push interest rates into negative territory is unlikely to rob the franc of its safe-haven status among those fleeing riskier assets and the Russian crisis, but it may force a rethink among pension funds.
New claims for unemployment benefits fell by 6,000 last week to 289,000, the lowest figure since the end of October, the U.S. Labor Department reported Thursday.
The average rate for a 30-year fixed-rate loan now stands at 3.8%, a rate not seen since May 2013, according to Freddie Mac. The average 15-year fixed loan, which is popular among those looking to refinance, fell to 3.1%.