The Federal Reserve just cut interest rates by a quarter of a percentage point. While that should affect rates throughout the economy, some lenders report that not much has changed.
New data from the Bureau of Economic Analysis shows as prices go up, people are continuing to spend more money than they earn and are also saving less.
New orders for durable goods from U.S. manufacturers rose 2.9% in August, compared to July. But at least some of that rise is not because more stuff is being ordered, just that it is getting more expensive.