President Biden delivers remarks on admin response to economic crisis undefined The Biden administration announced Friday that through two executive orders it will be increasing food stamp benefits for low-income Americans and raising the federal minimum wage to $15 per hour. Continue Reading Below The Trump administration's $2 trillion COVID-19 relief package that passed in March excluded about 12 million families — […]

New York Gov. Cuomo looks to marijuana to plug budget deficit New York Governor Andrew Cuomo laid out a plan to legalize marijuana for adult recreational use in 2021 in order to spur economic activity, but the CEO of the National Cannabis Industry Association warns that taxes can’t be too high. FOX Business’ Kristina Partsinevelos with more. New York Gov. […]

Several things can influence how much mortgage you may qualify for when buying a home. (iStock) If you're interested in enjoying the benefits of homeownership, now could be an optimal time to buy thanks to low mortgage rates. Continue Reading Below The coronavirus pandemic has prompted the federal government to take steps to boost the economy, including cutting mortgage rates. […]

Reflecting a spike in gasoline prices, the Labor Department released a report on Wednesday showing U.S. consumer prices increased in line with economist estimates in the month of December. The report said the consumer price index rose by 0.4 percent in December after edging up by 0.2 percent in November. The price growth matched expectations. The Labor Department said the […]

What to expect from Janet Yellen’s economic policy Hoover Institution senior fellow in economics John Taylor provides insight into how economic policy, the value of the U.S. dollar, regulations, taxes and U.S.-China relations will look while Janet Yellen is at the Treasury. A big question hangs over Janet Yellen this week at her confirmation hearing to become U.S. Treasury secretary: […]

Check out the mortgage refinancing rates for January 12, 2021, which are unchanged from yesterday. (iStock) Based on data compiled by Credible Operations, Inc., NMLS Number 1681276, current mortgage and refinance rates hold steady after spiking yesterday. Average rates across all loan types remain at 2.542%. This marks the first time average refinance rates have held above 2.500% for consecutive […]