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Economy

Stocks rise on earnings, economic reports

NEW YORK CITY — Investors regained their enthusiasm for stocks Tuesday, sending prices sharply after reports showed a slight improvement in the housing market and a big jump in industrial production. Investors were also encouraged by earnings from Home Depot ...

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Mortgage rates hit 4.44 pct

WASHINGTON, D.C. — Growing pessimism over the weak economic recovery pushed mortgage rates to the lowest level in decades for the seventh time in eight weeks. The average rate on a 30-year fixed mortgage hit 4.44 percent this week ...

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New overdraft fee rules hurt big banks

New rules governing overdraft fees, one tiny component of the massive Dodd-Frank Wall Street Reform and Consumer Protection Act, will go into effect Sunday, and while they may have large banks scrambling ...

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Early retirement for some county staff

Monroe County is looking to save $1 million annually by offering the state’s early retirement incentive program to eligible county employees who can be spared. The county Legislature on Tuesday voted 27-1 to offer “Part A” of the current incentive ...

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Investors await Fed meeting outcome

NEW YORK CITY — Investors are getting optimistic that the Federal Reserve will restart some of its economic stimulus programs. Stocks closed moderately higher Monday, a sign that many investors expect the Fed to take steps ...

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