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Mortgage Rates Jump Even as Fed Cuts Interest Rates
Despite the Fed Reserve cutting its benchmark rate this week, mortgage rates actually climbed, with the average 30-year fixed jumping 20 basis points to 6.3%.
Gold breaches $4,200/oz for the first time Trump mulls ending some trade ties with China Fed's Powell signals dovish tone as US jobs remain sluggish Silver hit a record high on Tuesday Oct 15 (Reuters ...
ASML Holding NV said demand for its most sophisticated chip-making machines is soaring thanks to the artificial intelligence boom, signaling optimism just months after the semiconductor equipment ...
The cuts come ahead of Comcast's Versant spinoff, which will see MSNBC and CNBC cleaved off from the rest of the NBC News Group. By Alex Weprin Senior Editor Layoffs hit NBC News on Wednesday, with ...
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NBC News is preparing for its largest round of layoffs in years, with about 150 employees expected to lose their jobs this week as the network adjusts to life without its cable siblings MSNBC and CNBC ...
U.S. farm exports to China have fallen by about half this year. The two countries will impose new fees on shipping Oct. 14, adding another sour note to trade relations. (Don Jenkins/Capital Press) The ...
Goldman Sachs is rolling out a major AI-driven overhaul of its OneGS program, the cross-bank initiative designed to drive new business and unify the firm's services under one banner. As part of that ...
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