Yahoo Finance Freddie Mac says average rate on a 30-year mortgage fell to 6.86% this week, the lowest level since early April
McLEAN, Va. (AP) — Freddie Mac says average rate on a 30-year mortgage fell to 6.86% this week, the lowest level since early April.
McLEAN, Va. (AP) — Freddie Mac says average rate on a 30-year mortgage fell to 6.86% this week, the lowest level since early April.
Tesla will finally make a comeback in the second half as it sees the "last of the worst news" for deliveries in China, Wedbush's Dan Ives said.
BEIJING (Reuters) -China's manufacturing activity fell for a second month in June while services activity slipped to a five-month low, an official survey showed on Sunday, keeping alive calls for further stimulus as the economy struggles to get back on its feet. The National Bureau of Statistics (NBS) purchasing managers' index (PMI), at 49.5 in June, was unchanged from May, below the 50-mark separating growth from contraction and in line with a median forecast of 49.5 in a Reuters poll. "Actual industrial activity should be stronger than the data suggests as our observation is that the official PMI fails to fully capture the current export momentum, which has been the major economic driver this year," said Xu Tianchen, senior economist at the Economist Intelligence Unit.
LONDON (Reuters) -The Bank for International Settlements warned on Sunday that rising government debt levels amid a number of major elections this year could roil global financial markets. Dubbed the central bankers' central bank, the BIS said the world economy was on course for the "smooth landing" that many economists doubted when interest rates shot up, but said policymakers, especially politicians, needed to be careful. Global government debt is already at record levels and elections ranging from the U.S. presidential vote in November, through recent polls in Mexico and South Africa, to votes in France and Britain in the coming week, all carry risks.
Consumer credit borrowing bounced back to £1.5 billion during the month, up from £800 million in April, Bank of England data showed.
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues in its economy, it said.
BANGKOK (AP) — Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of the year, as meanwhile a survey by the central bank released Monday showed conditions remain sluggish.
Stubborn inflation has been hitting Americans at every level: From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came as no surprise that the...
LA PAZ, Bolivia (AP) — Signs reading “I'm buying dollars” line the doors of Víctor Vargas’ shoe shop in the heart of Bolivia’s biggest city, a desperate attempt to keep his family business alive.
The 2024 election is quickly approaching. After four years of President Joe Biden, Nov. 5 will decide whether he serves another term or whether former President Donald Trump returns to the White...
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Investing.com -- Friday’s U.S. jobs report will be the highlight of what will be a holiday-shortened week as markets look for clarity on when exactly rate cuts could start. Comments by Federal Reserve Chair Jerome Powell will be closely watched, along with Wednesday’s minutes of the U.S. central bank’s latest meeting. Elections in France and the UK will also keep markets on high alert. Here’s your look at what's happening in markets for the week ahead.
(Bloomberg) -- US employers probably tempered their hiring while wage growth moderated in June, another favorable development for Jerome Powell and his Federal Reserve colleagues seeking more confirmation that inflation is slowing.Most Read from BloombergBlackRock Buys Preqin for $3.2 Billion in Private Data PushJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerFrance’s Market Rally Falters as Investors See Enduring RiskLe Pen’s Far Right Wins First Round, Chases French Major
Susan Sarandon's daughter married chef Ian Hock on June 29
The former president attacked the former House speaker as a “sick puppy.”
The mother of U.S. soldier and former NFL star Pat Tillman said she was “shocked” to hear Prince Harry, Duke of Sussex, would be the recipient of an annual award made in the name of her son, who was killed by friendly fire in Afghanistan in 2004. Mary Tillman, the mother of the Pat Tillman,…
One person suggested President Joe Biden take advantage of the ruling and "fire the Court and appoint one that doesn’t work for Trump."
My husband and I were monogamous before we got married. When we stopped wearing our wedding rings, we decided to try polyamory.
Princess Anne has shared her first public message since leaving hospital where she received treatment for minor head injuries and concussion. Details...
"I’ve lived my life, I don’t want pain anymore,” said Jan Faber before his death
NEW YORK (AP) — A sense of concern is growing inside the top ranks of the Democratic Party that leaders of Joe Biden’s campaign and the Democratic National Committee are not taking seriously enough the impact of the president’s troubling debate performance earlier in the week.