Mortgage rates rise slightly
The rate for a 30-year fixed-rate mortgage averaged 6.49% this week. The rate for a 15-year fixed-rate mortgage averaged 5.66%.
Economy
Industrial production fell 0.6% in July
Industrial production decreased 0.6% in July from the previous month, the Federal Reserve reported. The July figure was down 0.2%...
Home builder confidence declines in August
Builder confidence in the market for single-family homes in August was 39, down from 41 the previous month, according to...
Business inventories rise in June
Business inventories in June came in at $2.57 trillion, up 0.3% from the month prior and up 2.1% from a...
Retail sales increased 1.0% in July
Retail and food service sales for July were $709.7 billion, an increase of 1% from the previous month, the Commerce...
CPI edged up 0.2% in July
The Consumer Price Index rose 0.2% in July after declining 0.1% the previous month, and increased 2.9% over the past...
Bank acquisitions announced in Tennessee, Kansas
Security Bancshares to buy Bancshares of Ripley in Tennessee. Berco in Salina, Kansas, to buy New Millennium Bankshares in Topeka.
Producer Price Index rose 0.1% in July
The Producer Price Index increased 0.1% in July from the previous month, the Labor Department reported. The index showed prices...
NFIB: Small Business Optimism Index rose 2.2 points in July to 93.7
The Small Business Optimism Index from the National Federation of Independent Business increased by 2.2 points in July to 93.7,...
New York Fed: Consumer inflation expectations mostly hold steady
Consumer inflation expectations were stable at the short- and longer-term horizons, but fell sharply at the medium-term horizon, according to...
