Mortgage demand plummets to new three-decade low as rates race toward 8%
A key measure of home-purchase applications tumbled last week to a nearly three-decade low as consumer demand cooled sharply amid...
Economy
House speaker election: Jim Jordan isn’t a lock for the post before vote this afternoon
It wasn’t clear Tuesday if Rep. Jim Jordan would be successful in his push to become the next speaker of...
Analysis-China’s growth surprise is not tempting investors
By Rae Wee and Summer Zhen SINGAPORE (Reuters) - September data from China offered plenty of welcome surprises, with faster-than-expected...
Health care price transparency could save Americans $1T annually
EXCLUSIVE: Requiring price transparency from hospitals and insurance companies could drastically slash national health care costs and extend the average...
Opinion: Stocks and homes are still pricey because buyers think inflation will stay high
“ Fed Chairman Jerome Powell is essentially telling us that monetary policy may work its wonders if we are just...
China boosts Belt and Road Initiative with $100 billion funding
In an effort to expand China's global reach, President Xi Jinping announced on Wednesday an infusion of over $100 billion...
US economy little changed in recent weeks: Fed’s Beige Book
U.S. economic activity was little changed over the last month and a half, as labor market tightness continued to ease...
Opinion: Israel-Hamas war could be the tipping point for a fragile financial system
“ It is naïve to assume that the largest credit-fueled bubble in half a century can continue indefinitely or be...
Mid-East tensions, Chinese GDP, Netflix earnings – what’s moving markets
Investing.com -- U.S. President Joe Biden heads to Israel, while crude prices soar as a missile explosion on a Gaza...
Fed’s Barkin sees ‘plausible story’ that slowing economy is working to bring inflation back to 2% target
The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure,...
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Today’s mortgage rates rise for 15- and 30-year rates | May 30, 2024
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