The average long-term US mortgage rate surges to 7.57%, holding at highest level since 2000
Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power
2023-10-13 00:50
IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
2023-10-13 00:15
Stockholm to ban gasoline and diesel cars from downtown commercial area in 2025
An official says a ban on gasoline and diesel-fueled cars from a commercial district of Stockholm’s downtown in 2025 will be the first for a European capital
2023-10-12 23:53
Stock market today: Wall Street drifts after mixed reports on inflation and the economy
Stocks are drifting on Wall Street, and yields are climbing following mixed economic reports that offered no slam-dunk clues about where interest rates are heading
2023-10-12 23:29
CFPB, FTC fine TransUnion $23M for tenant screening and security freeze failures
Federal regulators fined credit-reporting agency TransUnion a total of $23 million for tenant screening and security freeze failures on Thursday
2023-10-12 23:27
Branson's Virgin wins a lawsuit against a Florida train firm that said it was a tarnished brand
A British judge has ruled in favor of Richard Branson’s Virgin group in its lawsuit against a U.S. train company over a licensing agreement
2023-10-12 22:54
While the news industry struggles, college students are supplying some memorable journalism
An investigation into academic research leads to the resignation of Stanford University's president
2023-10-12 22:45
Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookings
Delta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer
2023-10-12 22:17
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says a 3_2% increase in benefits next year “will help millions of people keep up with expenses."
2023-10-12 21:55
Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements
Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds — about $2.2 million — and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein
2023-10-12 20:20
Former Formula One boss Bernie Ecclestone handed suspended sentence after pleading guilty to fraud
Former Formula One boss Bernie Ecclestone has been given a suspended prison sentence after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore
2023-10-12 20:20
Japan's government will ask court to revoke legal status of Unification Church
Japan’s government says it will ask a court to revoke the legal status of the Unification Church after former Prime Minister Shinzo Abe’s assassination raised questions about the group’s fundraising and recruitment tactics
2023-10-12 19:15