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Business News

Average rate on a US 30-year mortgage eases to 6.81%

The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.17%. Borrowing costs on 15-year ...

Edmunds: Five used luxury EVs you can get for cheap

Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that’s beyond your budget, consider buying a used model. You could save tens of thousands of ...

Wall Street’s rally roars into 3rd day

NEW YORK — Wall Street’s rally kept rolling Thursday as better-than-expected profits for U.S. companies piled up, though CEOs said they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war. The S&P 500 charged 2% higher and pulled ...

Google’s parent begins year with robust growth

Google’s profits soared 50% in this year’s opening quarter, overcoming the competitive and legal threats that its internet empire is facing amid an economy roiled by a global trade war. The numbers released Thursday by Google parent Alphabet Inc. indicated the company is rising to the ...

Local Walmart slated for renovations

Staff report Walmart announced plans Wednesday that it will remodel 650 stores nationwide, including 23 in Ohio. Walmart’s Boardman / Poland store, located at 1300 Doral Drive, is scheduled for renovation, the company said in a news release. “By investing in our stores and ...

Kimberly-Clark announces 1st-quarter earnings

Staff report Paper producer Kimberly-Clark Corp. reported its 2025 first-quarter results Tuesday. Among the highlights: • Net sales of $4.8 billion were down 6%, driven primarily by impacts of currency and divestitures and business exits, with an organic sales decline of 1.6% versus the ...