Unemployment levels in the District, Maryland and Virginia fell in May, according to government data released Friday.
Rates on 30-year fixed mortgages backed off from yearly lows this week, but still remain historically cheap.
The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed.
The nation’s industrial sector boosted production in dramatic fashion in May, as a steep rise in activity in the nation’s factories continued to lift the broader economy.
Housing starts sank in May to the lowest level in five months, according to a government study released Wednesday.
The Federal Reserve this morning ordered credit card companies to cap late fees at $25 for one-time offenders starting in August in the final version of its regulations on credit card penalty fees.