Rate on 30-year mortgage falls to record 3.94 pct.

The average rate on the 30-year fixed mortgage fell to 3.94 percent this week, the lowest rate ever. For those who can qualify, it’s an […]

Stocks stage late rally, erasing early losses

Stocks are closing with a late afternoon rally on reports that European officials were working on a plan to prop up the region’s struggling banks.
The […]

Survey: CEOs of big companies foresee less hiring

Only about one-third of chief executives of the nation’s largest companies expect to hire or spend more in the next six months, down sharply from […]

Health insurance costs climb sharply

The cost of health insurance for many Americans this year climbed more sharply than in previous years, outstripping any growth in workers’ wages and adding […]

U.S. calls Full Tilt Poker site a

NEW YORK — U.S. prosecutors made new allegations Tuesday in a probe of the Full Tilt Poker website, accusing self-styled “Poker Professor” Howard Lederer and […]

Finnish FM: No deal likely on Greek collateral

Finland’s finance minister said she doesn’t expect the eurozone to resolve a dispute over her country’s demand for collateral for loans to Greece at a […]

BMO launches s mobile phone ’swipe and pay’

Going to the coffee shop? Forget your wallet. Just take your mobile phone.
Bank of Montreal customers can now make payments simply by waving their mobile […]

Developed nations struggle to restore growth

The financial leaders of the world’s most developed economies wrangled Friday over how to revive a faltering recovery at a time when interest rates are […]

ConocoPhillips struggling with China oil spill

The oil spills from offshore wells operated by ConocoPhillips in China’s Bohai Bay are posing technical and political challenges for the oil company far messier […]

McBride, building trades offer rebates to home buyers

McBride & Son Homes is nearly halfway through a two-month program with St. Louis building trades unions to offer new homebuyers a rebate of up […]