Mortgage rates climb for the fourth week in a row — and they won’t drop back down until this happens
Rates had fallen under 6% for the first time since 2022 just days before the start of Operation Epic Fury.
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Rates had fallen under 6% for the first time since 2022 just days before the start of Operation Epic Fury.
The economy is better suited to absorb higher energy costs, says Jim Paulsen.
Landmark verdicts shatter the Section 230 shield, turning ‘addictive’ product design into a legal thicket for Meta, Alphabet and others.
Landmark verdicts shatter the Section 230 shield, turning ‘addictive’ product design into a legal thicket for Meta, Alphabet and others.
Market leaders such as Amazon and Humana are betting on the high-margin business of unlocking people’s potential as the ultimate investment
American Airlines is considering a big upgrade to its in-flight entertainment and internet providers, including potentially bringing back seatback screens.
Lesotho is seeking to open talks with South Africa over royalties and compensation for a water-sharing deal that accounts for about 10% of its economy.
Argentina’s path to a coveted credit rating upgrade hinges on a sustained buildup of foreign-currency reserves, according to Fitch Ratings.
BYD Co. reported a steeper-than-expected slump in fourth-quarter profit as relentless competition and tighter regulation in China ramped up pressure on the world’s biggest electric vehicle maker to reignite stalling momentum.
BYD Co.’s profit tumbled more than analysts anticipated as relentless competition and tighter regulation in China ramped up pressure on the world’s biggest electric vehicle maker to reignite stalling momentum.
BYD Co. Chairman Wang Chuanfu warned of further pain ahead for China’s electric vehicle industry after the world’s biggest EV maker delivered its third straight quarter of disappointing earnings.
BYD Co. shares sank after earnings missed estimates and Chairman Wang Chuanfu warned of further pain ahead for China’s electric vehicle industry.
Dubai in the UAE has been the biggest driver of growth in recent years, and the Middle East tensions come at a critical time in the luxury industry.
Nouriel Roubini predicted that US President Donald Trump is more likely to escalate his war in Iran to obtain a win than back down and risk worse consequences on the economy and international order.
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports.
Tehran said the Strait of Hormuz has now been closed
The experimental drug reduced flare-ups for patients with chronic obstructive pulmonary disease, Astra said Friday.
American Airlines is considering a big upgrade to its in-flight entertainment and internet providers, including potentially bringing back seatback screens.
Bob Michele, global head of fixed income at JPMorgan Asset Management, says, ‘let the markets go wherever they’re going,” as he discusses the impact of the war in Iran and the prospect of inflation on the bond market. (Source: Bloomberg)
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports.
“We’ve been aggressively paying down our credit cards.”
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
“We’re both concerned about the accuracy of our returns.”
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Asian countries are the first to experience shortages as a result of the effective closure of the Strait of Hormuz but within six weeks the whole world will feel the pinch, JPMorgan calculates