Jobs

Lenders were offering 30-year fixed mortgages to solid borrowers this week at an average of 4.01%, a Freddie Mac survey found, down a hair from 4.02% last week.

A top Federal Reserve policymaker said Thursday the economy still isn't strong enough to handle an increase in interest rates, but he expressed hope that will change sometime next year.

A revamped citywide workforce development program powered by $36 million in federal funds, private grants and equipment will seek to combat a yawning skills gap in Southern California.

The European Union cut its economic growth forecasts for the region, saying rising geopolitical risks in Ukraine and the Middle East and a broader global slowdown have eroded business and consumer confidence since the spring.

A federal judge in Minneapolis on Monday refused to block Honeywell International from imposing penalties on workers who refuse to participate in a workplace "wellness" program, denying a request for an injunction by the Equal Employment Opportunity Commission. 

The European Union on Tuesday cut its economic growth forecasts for the region, saying rising geopolitical risks in Ukraine and the Middle East and a broader global slowdown have eroded business and consumer confidence since the spring.

Wireless carrier Sprint Corp. says it is eliminating 2,000 jobs, or about 5% of its staff, as part of an effort to cut $1.5 billion in annual spending.

The stock market held close to record levels on Monday as a report showed that manufacturing remains on sound footing in the U.S. even as other parts of the global economy struggle. Falling oil prices weighed on energy stocks.

The scariest term that economists have been throwing around lately is "secular stagnation." That sounds technical, but it's easy enough to explain: it means the economy is in a slump that it may never be able to escape.

Stockton employees and retirees avoided pension cuts when a federal judge last week approved the San Joaquin Valley city's plan to emerge from bankruptcy.

The equity boom, which has added an estimated $1.6 trillion to the personal net wealth of American homeowners in the last year, has slowed dramatically. It's not over by any means. It has just lost some of its previous pep.

A federal bankruptcy judge approved the city of Stockton's bankruptcy recovery plan Thursday and sidestepped challenges to its workers' pensions that could have threatened municipal retirement plans across the state in the years ahead.