Latest Home equity loans News

The Latest: Impact of cut on household finances seen limited

Jul. 31, 2019 5:54 PM EDT

NEW YORK (AP) — The Latest on the Federal Reserve and its action related to a key interest rate (all times local): 5:50 p.m. Greg McBride, chief financial analyst at Bankrate, said there would likely be limited impact of the Fed's move on household finances. Credit cards and home equity lines of credit do...

Ex-prosecutor locked up after guilty verdict in Hawaii

Jun. 28, 2019 10:24 PM EDT

HONOLULU (AP) — Two U.S. marshals led a former Honolulu prosecutor out of a courtroom Friday when a U.S. judge ordered her detained after a jury found her guilty of conspiracy and he expressed concern that she could try to obstruct justice before being sentenced. Katherine Kealoha left her purse with her...

Prosecutor says Hawaii police chief, wife abused positions

Jun. 25, 2019 9:29 PM EDT

HONOLULU (AP) — The former police chief of Honolulu and his wife, a former deputy prosecutor, abused their positions in an attempt to silence a relative who could have exposed the financial fraud that funded their lavish lifestyle, a U.S. prosecutor said Tuesday. The contention came during closing...

Fed leaves its key rate unchanged but hints of future cuts

Jun. 19, 2019 5:48 PM EDT

WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate — which influences many consumer and business...