After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Janet Yellen with the former Fed chairs Ben Bernanke, center, and Paul Volcker. Donald Trump said he would most likely replace her as Fed chairwoman if he became president.
Many credit card and loan agreements these days have in the small type what's called a "mandatory arbitration clause." Most people don't even know what that means.
One analyst called Merck & Co.'s new product sales for the first quarter “uninspiring.” The same could be said of the entire Q1 report, with every gain for one product counterbalanced by losses for another.
Wall Street gave up early gains and slipped into the red in afternoon trading on Thursday, dragged down by consumer discretionary stocks and retreating oil prices.