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Mortgage Rates Higher Again Ahead of Fed

Mortgage Rates Higher Again Ahead of Fed

Prospective homebuyers are facing a tightening market as mortgage rates climbed for the sixth consecutive day on Tuesday, hitting their highest levels since January. The average top tier 30 year fixed rate has risen to

Business
Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows

Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows

Airports across the United States are seeing a surprising trend where passenger happiness is climbing even as travel volumes approach all time highs. According to the latest North America Airport Satisfaction Study from J.D. Power,

Business
Yield on 10-year Treasury hovers below 5% as investors await Fed decision

Yield on 10-year Treasury hovers below 5% as investors await Fed decision

Wall Street entered a period of cautious anticipation on Wednesday as U.S. Treasury yields dipped slightly ahead of a critical policy announcement from the Federal Reserve. The benchmark 10 year Treasury note yield drifted just

Business
Fed meeting live updates: Rate hike expected for the first time in three years

Fed meeting live updates: Rate hike expected for the first time in three years

Wall Street is bracing for a significant pivot as investors increasingly expect the Federal Reserve to raise its benchmark interest rate this Wednesday. After three years without a hike, traders have placed a staggering 90

Business
J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall

J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall

Investors reacted sharply on Wednesday as shares of J.B. Hunt Transport Services plummeted more than 10 percent following a warning that the logistics giant expects a dip in third-quarter earnings. Speaking at the Morgan Stanley

Business
Colorado keeps four on this year’s Forbes 400 richest list, but loses one

Colorado keeps four on this year’s Forbes 400 richest list, but loses one

Colorado continues to hold a steady presence among the nation's most affluent, though the barrier to entry for this year's Forbes 400 has become significantly steeper. A massive surge in technology fortunes, particularly within the

Business
Stock Market Today: Nasdaq Keeps Gain After Fed Hikes Rates By Quarter Point (Live Coverage)

Stock Market Today: Nasdaq Keeps Gain After Fed Hikes Rates By Quarter Point (Live Coverage)

The tech heavy Nasdaq managed to hold onto its gains today despite a fresh move by the Federal Reserve to tighten monetary policy. In a decision that many investors had already priced into their expectations,

Business
‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – live

‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – live

The Federal Reserve has voted unanimously to raise interest rates for the first time since July 2023, marking a decisive opening move for Chair Kevin Warsh. In a 12-0 decision, the open market committee increased

Business
Fed raises interest rates for first time since 2023, defying Trump as inflation mounts

Fed raises interest rates for first time since 2023, defying Trump as inflation mounts

The Federal Reserve broke a long streak of stability on Wednesday, raising its benchmark interest rate by 0.25 percent for the first time since 2023. The move pushes the flagship rate into a range between

Business
2 San Antonio billionaires make Forbes list of richest Americans

2 San Antonio billionaires make Forbes list of richest Americans

San Antonio's vibrant arts and cultural scene is facing a period of deep uncertainty as the City Council prepares to adopt the 2026-2027 budget on September 17. With a projected budget shortfall of roughly 158