9:57 am: The Fed was forced to release minutes from its last meeting a few hours early Wednesday after learning that some Congressional staffers got the document on Tuesday. More
Layoffs are back at pre-recession lows, but new hiring still remains weak.
Both Presidents Obama and the Congressional watchdog identified redundant programs to be cut from the federal budget this week. Every year, more waste is found. Every year, lawmakers mostly ignore them.
Obama wants to change the inflation gauge for Social Security's annual increases to chained CPI, but that would mean reductions in monthly payments to seniors.
Fitch Ratings has issued a warning over excessive debt levels in China, arguing that a surge in credit and a reliance on murky lending practices have increased the chance of financial instability.
Money magazine's George Mannes talks to people on the streets of New York City about their ideal retirement.
President Obama on Wednesday announced a plan that would prohibit individuals from reaping tax advantages on IRAs and other tax-preferred retirement accounts when funds exceed $3 million.
In the search for the ideal job, these millennials job-hopped often in their teens and early twenties.
The number of job openings rose in February. That's promising but the latest figures show the labor market has a long way to go before it's fully recovered.
Government agency forecasts gas prices to be down 6 cents a gallon this summer, to $3.63, compared to 2012 driving season.
The president is expected to propose $1.8 trillion in deficit reduction. If adopted, that would bring total debt reduction during his tenure to $4.3 trillion -- a big cut but maybe not big enough.
| Latest Report | Next Update |
|---|---|
| Jobs | May 3 |
| Home prices | April 30 |
| Consumers confidence | April 30 |
| GDP | April 26 |
| Manufacturing | May 1 |
| Inflation (CPI) | April 16 |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.57% | 3.69% | |
| 15 yr fixed | 2.78% | 2.93% | |
| 5/1 ARM | 2.64% | 2.82% | |
| 30 yr refi | 3.55% | 3.76% | |
| 15 yr refi | 2.77% | 3.02% |
Today's featured rates:
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