Propelled by a wave of refinancing at record low interest rates, mortgage applications surged 9.2 percent last week from one week earlier, according to data from the Mortgage Bankers Association. The refinance component ...

American Express has launched a pilot program for its “My Offers” iPhone app that ranks merchant offers based on a card customer’s spending history and location. AmEx calls it the industry’s first ...

The pressure keeps mounting on JPMorgan Chase as the Justice Department has joined a list of federal entities investigating the banking giant’s trading losses of $2 billion tied to credit derivative hedging. The ...

AAA projects 34.8 million Americans will travel 50 miles or more from home during the long Memorial Day holiday weekend, an increase of 1.2 percent – or 500,000 travelers – from the 34.3 million people who did ...

A national index that measures builders’ confidence in the market for newly built, single-family homes gained five points this month, its strongest reading since May of 2007. The National Association of Home Builders/Wells ...

U.S. retail spending barely budged in April, slowing down the momentum from big gains in the first three months of the year, the Commerce Department said. Retail sales inched up 0.1 percent, weighed down by declines ...

This was the week that total student loan debt surpassed the $1 trillion mark, at least according to the ticking clock on FinAid.org, the popular financial aid site. The milestone, ironically enough, occurred the ...

The nation’s largest mortgage lenders are taking an average of more than 70 days to complete a refinance, up from 45 days a year ago, according to Accenture Credit Services. The prolonged timetable is a result ...

Led by a drop in fuel costs, U.S. wholesale prices fell in April for the first time in four months, and by the biggest single-month decline since October. The Labor Department said Friday that the producer price ...

The average interest rate on new credit card offers remained the same for the fourth straight week at 14.91 percent, according to CreditCards.com. This is the 11th time this year that credit card interest rates ...