US mortgage rates are staying high – and the Fed can do very little about it
U.S. homebuyers can’t get a break. The 30-year mortgage rate has been stuck at recent highs well above…
Mortgage Rates Lower Today, But in a Narrow Range
After hitting long-term highs on May 19th, mortgage rates dropped somewhat quickly by May 26th. Ever since then,…
Scramble for biofuel as oil prices rise ‘could push world closer to food crisis’ | Biofuels
Demand for biofuels is likely to leap by nearly a third this year, which could send food price…
Top Economist Warns That the US Economy Is Flashing Key Warning Signal
The US economy may be growing, but Moody’s chief economist Mark Zandi says that doesn’t mean it’s in…
‘Disease is spreading’: $2.5 trillion global crisis hits Australia
Panic is spreading “like a disease” through the global economy as a $2.5 trillion industry is in meltdown,…
Fed Officials Not Ready To Move Rates Either Way as Iran Uncertainty Continues — TradingView News
— Rate Hike Sentiment Rising, But Most Inclined to Be Patient — Easing Bias Seems Increasingly Likely To…
The May jobs report will be released Friday. Here’s what to expect
A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job…
Venezuela’s Debt Overhaul Faces New Controversy
When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight is the Swiss inflation data. The CPI Y/Y is…
10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
At Treasury Secretary Scott Bessent’s testimony before Congress on Wednesday, Sen. Bill Cassidy (R-LA) brought up a well-worn…
Bank of Japan expected to raise rates this month, sources say
By Leika Kihara TOKYO, June 4 (Reuters) – The Bank of Japan is expected to raise interest rates…
India considers spending curbs to protect fiscal deficit target
India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills…