Krispy Kreme pauses nationwide doughnut rollout with McDonald's
Krispy Kreme said it is pausing its doughnut rollout at McDonald's restaurants as it reassesses the deployment schedule with the burger chain. The partnership was announced last year.
Mortgage rates hold steady, Freddie Mac says
The average rate on the 30-year fixed mortgage remained flat this week at 6.76%, according to the latest data from mortgage buyer Freddie Mac released on Thursday.
Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.
Trump again says Fed should lower interest rates after better-than-expected jobs report
President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down."
Mortgage rates fall for second straight week, Freddie Mac says
The average rate on the 30-year fixed mortgage fell this week to 6.76%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.
Private sector added 62K jobs in April, well below expectations, ADP says
The figure reported on Wednesday is well below economists’ estimates of 115,000 jobs and also down sharply from the prior month’s reading of 155,000 jobs.
Trump 'wasn't worried' about the bond market tsunami
As President Donald Trump wields tariffs against major U.S. trading partners, he is also taking on bond vigilantes who tested his resolve earlier this month with a massive and worrisome move in the markets.
Jeff Bezos-backed automaker unveils affordable EV pickup truck
Slate Auto unveiled its base model, affordable electric pickup truck this week. It comes with crank windows and no infotainment system but is expected to price below $30,000.
Mortgage rates dip from prior week, Freddie Mac says
The average rate on the 30-year fixed mortgage fell this week to 6.81%, according to the latest Freddie Mac data released on Thursday. That's up from last week's reading of 6.83%.