State attorneys general urge Congress to pass cannabis banking bill
A bipartisan coalition of 32 state attorneys general called on federal lawmakers to pass legislation that would enable financial institutions...
Economy
Mortgage rates tick down
The rate for a 30-year fixed-rate mortgage was 6.74% this week. The rate for a 15-year fixed-rate mortgage was 5.87%.
New home sales rose in June
Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released...
Existing home sales decreased 2.7% in June
Existing home sales declined 2.7% in June to a seasonally adjusted annual rate of 3.93 million, the National Association of...
ABA DataBank: Retail sales rebounded in June
Despite recent softening and apprehension over price increases, consumer spending was robust over the month.
Consumer sentiment rises in July
The University of Michigan Consumer Sentiment Index increased 1.8% in July compared to the month prior, landing at 61.8, according...
Housing starts edge up in June
Privately-owned housing units authorized by building permits in June increased to a seasonally adjusted annual rate of 1.397 million, according...
Business inventories hold steady in May
Business inventories in May came in at $2.66 trillion, virtually unchanged from the month prior but up 1.7% from a...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.75% this week. The rate for a 15-year fixed-rate mortgage was 5.92%.
Home builder confidence rises in July
Builder confidence in the market for newly built single-family homes was 33 in July, up one point from June, according...
