More than 120K refrigerators recalled after 34 fires and one reported death

More than 120,000 refrigerators are being recalled over a fire and burn hazard after federal regulators received 34 reports of fires, including one that reportedly resulted in a death. About 121,680 Galanz Retro Refrigerators are affected by the recall, the U.S. Consumer Product Safety Commission (CPSC) announced on Thursday.”The recalled…

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Mortgage rates rise to one-year high

Mortgage rates rose this week to the highest level in a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.66% from last week’s reading of 6.58%. The average rate on a…

Fed’s favored inflation gauge showed prices pulled back in June

The Federal Reserve’s preferred inflation gauge fell in June, as the pace of price growth pulled back amid volatility in energy markets. The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index declined 0.1% on a monthly basis in June and was up 3.7% from a year ago. Both…

NFL Star Rookies? The Best Schematic Fit From Each NFC Draft Class

NEWYou can now listen to Fox News articles! It is all too easy to get caught up in the hype of first-round picks in the immediate aftermath of every NFL Draft, but history proves that the greatest impact is often made by players selected after Day 1. Case in point: The…

US economic growth slows unexpectedly in second quarter

This story about the advance estimate of second-quarter GDP will be updated with further details. U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the Commerce Department’s advance estimate.The Bureau of Economic Analysis (BEA) on Thursday released its advance estimate of second-quarter GDP, which showed the…

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