Average rates on U.S. fixed mortgages ticked up this week but are still low by historical standards.
Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan rose to 4.39 percent from 4.31 percent last week. Rates are a full percentage point higher than in early May.
The average on the 15-year fixed loan increased to 3.43 percent from 3.39 percent last week.
Rates spiked in June after the Federal Reserve indicated it could slow its bond purchases later this year.
But on Wednesday the Fed hinted it might hold off because the economy remains sluggish.
Airline's creditors OK reorganization plan
Creditors overwhelmingly approved the bankruptcy reorganization plan for American Airlines parent AMR Corp., which includes a merger with US Airways that would create the world's biggest airline.
AMR said Thursday that preliminary results show that at least 88 percent of the ballots cast by creditors favored the turnaround plan.
AMR shareholders backed the plan even more strongly, with more than 99 percent of shares cast in favor, the company said.
The plan still needs approval from a federal bankruptcy judge in New York, who has scheduled a confirmation hearing for Aug.15.
Big cruise lines post crime data
For the first time, the three largest U.S.-based cruise lines are posting on their websites more comprehensive data about allegations of serious crimes committed aboard ships.
The move Thursday by Carnival Corp., Royal Caribbean and Norwegian Cruise Line comes amid growing pressure from Congress and victims groups.
Previously only U.S. Coast Guard figures were available for serious crimes that had been investigated by the FBI.
Now the cruise lines are releasing statistics that include allegations even if they were not substantiated.
Ex-trader liable in fraud case
A former Goldman Sachs trader was found liable Thursday in a fraud case brought by federal regulators in response to the 2007 mortgage crisis.
A jury reached the verdict at the civil trial in Manhattan federal court of Fabrice Tourre.
Tourre, 34, was found liable in six of seven Securities and Exchange Commission fraud claims.
The SEC had accused Tourre of misleading institutional investors about subprime mortgage securities that he knew were doomed to fail, setting the stage for a valued Goldman hedge fund client, Paulson & Co. Inc., to secretly bet against the investment.
Goldman settled with the SEC in 2010 by paying a $550 million fine without admitting or denying wrongdoing. Tourre left the firm in 2012.