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…
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…
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s…
Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of…