Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed. Applications to refinance a home loan jumped 15% last week, compared with the previous week, to the highest level since August 2022, according to the Mortgage Bankers Association’s seasonally adjusted…
DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for…
For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of…
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate…
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of…
The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%,…
Post-pandemic consumer splurging is rapidly coming to a halt, according to two widely followed U.S. companies — more evidence…
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of…
Price growth is cooling across the economy. While that is good news for consumers, the timing of this progress…