Mortgage Rates Edge Upward Amid Geopolitical Uncertainty and Steady Fed Policy
Mortgage rates experienced a slight increase this week, according to the latest Primary Mortgage Market Survey released by Freddie Mac on Thursday.
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National Average Gas Price Surges 33 Cents in One Week Amidst Iran Conflict
The national average price for regular gasoline has surged approximately 33 cents in the past week, reaching $4.
Trade Court Invalidates Second Round of Trump Tariffs
Court of International Trade has struck down a second series of global tariffs initiated by the Trump administration, following the U.
Trump Sets July 4 Deadline for EU Trade Deal, Threatening Higher Tariffs
President Donald Trump has issued an ultimatum to the European Union, demanding the bloc eliminate its tariffs on U.
Gas Prices Hurt Restaurant Sales, But Some Chains See Opportunity
Restaurant chains from Domino's Pizza to Applebee's are reporting that sales softened in March as gas prices climbed, contributing to a new record low...
Foreclosures Reach Six-Year Peak Amid Rising Homeowner Costs
Foreclosure filings in the United States have ascended to their highest point in six years during the first quarter of the current year.
Jet Fuel Shortages Threaten Summer Holidays Amid Middle East Conflict
The global aviation industry is facing significant disruption to summer holiday travel plans due to a severe shortage of jet fuel, exacerbated by ongoing...
Jerome Powell’s Eight-Year Federal Reserve Tenure Marked by Pandemic, Inflation, and Political Pressure
Jerome Powell concludes his eight-year tenure as Chair of the Federal Reserve this week, a period defined by unprecedented economic challenges including a global...
Oil Prices Climb After US and Iran Exchange Fire in Strait of Hormuz
Global oil prices saw an increase on Friday following an exchange of fire between the United States and Iran in the strategically important Strait...
Airlines’ Jet Fuel Costs Jump 56.4% Post-Iran Conflict, DOT Data Reveals
airlines experienced a significant surge in jet fuel expenditures in March, spending 56.
Federal Reserve Maintains Federal Funds Rate, Cites Economic Expansion and Elevated Inflation
The Federal Reserve's Federal Open Market Committee (FOMC) announced its decision to maintain the target range for the federal funds rate at 3-1/2 to...
Southern Cities Lead Job Market Rankings for New College Graduates
Recent college graduates are navigating a challenging labor market, with a new study indicating that many are finding career opportunities in Southern metropolitan areas.