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NEW YORK (AP) — Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards.The New…

Homes in Rocklin, California, on Tuesday, Dec. 6, 2022.David Paul Morris | Bloomberg | Getty ImagesThe average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept…

Shares of ABB Ltd. were gaining around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported higher Operational EBITA, a key earnings metric, in its first quarter. Meanwhile, net profit…

All that makes sense, but why are there still any cash-out refis when people could take cash out via HELOCs, without losing a 3% mortgage? By Wolf Richter for WOLF STREET. Mortgage rates continue to trudge higher from the…

Shortly after the opening bell, we will be buying 100 shares of Abbott Laboratories at roughly $108.26. Following the trade, Jim Cramer's Charitable Trust will own 800 shares of ABT, increasing its weighting to roughly 2.8% from 2.45%.…

Investing.com-- U.S. stock index futures rose slightly in evening deals on Tuesday, as Wall Street appeared to be steadying after fears of higher-for-longer interest rates sparked a series of steep losses.  But risk appetite remained…

Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 16, 2024, compared with one week ago. We use rate data collected by Bankrate as…

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challengesBy ANNE D'INNOCENZIO AP…

OPEC's crude oil production edged up by 3,000 barrels per day (bpd) in March compared to February as Iran and Saudi Arabia slightly boosted output while Iraq continued to produce more than it is expected to.Crude oil production from…

Existing home sales fell to their lowest point in almost three decades last year, and a lot of that was because of the so-called lock-in effect. It refers to homeowners who’ve locked in below market mortgage rates and refuse to sell when…