test13
Loading...

July 31, 2016

WASHINGTON  — Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.

The Federal Reserve and other agencies cite increasing risks in loans to oil and gas producers as oil prices have fallen to three-…


U.S. economy expected to pick up after weak growth in spring

July 30, 2016

WASHINGTON (AP) — A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. Businesses pared their stockpiling and investment through the spring. But consumers — the heart of the U.S.…


Homeownership rate drops to 51-year low

July 29, 2016

WASHINGTON  — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.

Just 62.9 percent of households owned a home in the April-June quarter this…


Pending home sales improve slightly in June

July 28, 2016

WASHINGTON — The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track.

The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 0.2…