The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.96%. The average rate has mostly hovered around 7% this year — more than

Today is Thursday, July 11, the 193rd day of 2024. There are 173 days left in the year. Today’s Highlight in History: On July 11, 1995, the U.N.-designated “safe haven” of Srebrenica (sreh-breh-NEET’-sah) in Bosnia-Herzegovina fell to Bosnian Serb forces, who subsequently carried out the killings of more than 8,000 Muslim men and boys. Also

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation of the past two years that suggests it is moving closer to cutting interest rates. The Fed has made “considerable progress” toward

“The Porter,” airing Thursday on American Public Television’s GBX 44, is an 8-episode historic drama about the nation’s first Black workers’ union. The Pullman porters worked on the transcontinental railroads in the US and Canada after WWI, handling passengers’ luggage, helping them to reserved seats or compartments, delivering meals.  It was one of the very few