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Tag Archives: treasury note

Fed says economy has slowed, takes no new steps

WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to boost growth if hiring remains weak. The Fed took no new action after a two-day policy meeting. ...

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Hiring slows sharply as economy looks weaker

WASHINGTON — The U.S. economy suddenly looks a lot weaker. U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is ...

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Average rate on 30-year mortgage falls to 4 pct.

WASHINGTON — The average rate on the 30-year fixed mortgage fell to 4 percent this week, nearly matching the all-time low hit just one month ago. Freddie Mac said Thursday the rate on the 30-year loan dropped from 4.10 percent ...

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Wall Street sharply lower on fears about economy

NEW YORK — Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession. The Dow Jones industrial average fell ...

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Rate on 30-year mortgage falls to record 4.09 pct.

WASHINGTON — Fixed mortgage rates fell to the lowest level in six decades for the second straight week. But few Americans can take advantage of the historically low rates. Freddie Mac said Thursday that the average rate on the 30-year ...

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