SPRINGFIELD, Ill. (AP) — The union for Illinois home-care workers who must abide by new rules limiting overtime hours filed an unfair labor practices charge Friday against Gov. Bruce Rauner's administration. (full story)
ATLANTIC CITY, N.J. (AP) — Atlantic City's casino workers are making only 80 cents an hour more now than they did 12 years ago, having opted instead to secure benefits like health insurance and retirement plans as the casino industry shrunk and four properties went out of business. (full story)
WASHINGTON (AP) — U.S. employers pulled back on hiring in April, adding 160,000 jobs, the fewest in seven months, after a streak of robust monthly gains. The unemployment rate remained at a low 5 percent, roughly where it has been since fall. (full story)
NEW YORK (AP) — Stocks fell modestly in midday trading Friday after the U.S. government reported a slowdown in hiring in April after months of robust job growth. Investors were also weighing tepid U.S. earnings reports and persistent weakness in the global economy. (full story)
(1) Treasury Yields - The interest rate that the U.S. Treasury pays to borrow money.
(2) Bank Rates - The federal funds rate is the rate that banks pay to borrow reserves from each other in the interbank market. The prime rate is the rate that banks charge for loans to their best customers.
(3) The interest rate swap rate represents the fixed rate paid on a rate swap to receive payments based on a floating rate. Our Dollar Interest Rate Swaps page shows 1-, 5-, 10-, and 30-year rate swap charts, as well as historical rate swap data tables.
(4) Mortgage Rates - Mortgage rates are the rates that banks charge for loans to homeowners with the home used as collateral for the loan. Fixed-rate mortgage rates are fixed over the term of the loan whereas adjustable-rate mortgages (ARMs) vary over the term of the loan.