California
Mortgage interest rates have fallen into the low 6% range this summer, and some experts say more declines probably are around the corner.
Sept. 18, 2024
Business
Lower interest rates will ultimately help with credit card and real estate purchases, but it may take months for these benefits to seep to consumers.
The Dow Jones industrial average set a record, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years
Sept. 16, 2024
Americans have been waiting for months for what the Federal Reserve is poised to announce this week: that it’s cutting its key interest rate.
Hotel sales volume and the number of individual sales are both down in California and Los Angeles, a recent report from Atlas Hospitality Group found.
Sept. 12, 2024
Year-over-year price increases reach a three-year low, clearing the way for the Federal Reserve to cut interest rates next week.
Sept. 11, 2024
Long Beach is rolling out a pilot program that will provide as many as 10 homeowners low- to zero-interest loans of up to $250,000 to build ADUs on their property. Those units would then be rented out to lower-income individuals or families.
Sept. 19, 2024
Wall Street romped to records as a delayed jubilation swept markets worldwide after the Federal Reserve’s big cut to interest rates.
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut in more than four years.
Sept. 17, 2024