Just a day after the market had its best day of 2014, it had its worst. The Dow plunged 334 points as fear about the global economy sent investors fleeing.
Wall Street had its best day of the year, Wednesday, erasing a steep loss from the day before. Investors were reacting to minutes from the Fed's latest policy meeting.
The Fed's debate on whether to change its interest rate guidance heated up last month, with officials saying the central bank risked misleading investors.
Overdrafts used to be a cheap financial tool for the rich. Today, they've become an absurdly costly short-term lending product for the poor.
Home prices in the U.S. increased at the slowest pace in 20 months in July, reflecting sluggish sales and a greater supply of houses for sale.
Be skeptical about most add-on services offered by credit card banks. Not only are the services rarely worth it, sometimes, they're not even provided.
Banks have become notorious for nickel-and-diming customers with a raft of fees and charges that really add up. But you don't just have to take it silently.
Average rates for long-term mortgages declined slightly this week, after marking their largest one-week gain of the year the previous week.
The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow to a record high.
Despite adjustments for the Labor Day holiday the previous week, mortgage applications surged last week, even amid rising rates.
Financial markets are awaiting the end of a Federal Reserve meeting Wednesday for any clearer signal about the timing of an interest rate increase.
Regardless how old you are now, it's likely you'll have a harder time pulling off a financially secure retirement than your parents did.
The average 30-year U.S. mortgage rate this week remained at a 52-week low of 4.10 percent for the third straight week.
The economy strengthened in all regions of the country in July and August, in areas from consumer spending to auto sales to tourism, the Fed reports.
The average rate for 30-year mortgages remained at a 52-week low this week, and appear to be helping give the U.S. housing market a boost.
Tempted by a "no-interest" offer? If you plan properly, you can get a good deal. But if you're not watching the fine print, you're liable to pay a price.
A majority of economists believe the Federal Reserve is doing the right things to help repair the U.S. economy, a new survey shows.
Federal Reserve Chair Janet Yellen is to address an annual Fed conference, and investors will be seeking any hints of when the Fed will start raising rates.
Officials say Bank of America has reached a $17 billion deal with authorities over its mortgage-backed securities. The real price tag will likely be lower.
Some Fed officials think the economy is improving fast enough that they'll need to raise interest rates sooner than previously expected.
More trouble in Ukraine led to more applications for U.S. mortgage refinances last week; it is all about interest rates.