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As Mortgage Rates Decline, Homebuyers Gain $30,000 in Purchasing Power
2+ min ago (233+ words) The slight easing of interest rates in December, as the Federal Reserve initiated a 25 basis-point reduction, helped homeowners regain slightly more than $30,300 in purchasing power, real estate website Zillow said on Feb. 23. Kara Ng, senior economist at Zillow, said the…...
USD/JPY slips as risk-off flows lift Yen after tariff ruling
7+ min ago (576+ words) The USD/JPY depreciates late during the North American session as US equity markets ended the session on the backfoot, while safe-haven assets like Gold and the Japanese Yen, are poised to extend its gains on Tuesday. At the time…...
US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers | Newser
22+ min ago (819+ words) The S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That's up from the 10% rate he announced Friday following a Supreme Court ruling that struck down his sweeping "reciprocal" taxes on imports…...
Trump's renewed tariff fight is keeping Minnesota businesses, consumers in limbo
23+ min ago (394+ words) February 23, 2026 / 9:18 PM CST / CBS Minnesota The U.S. Supreme Court struck down a key part of President Trump's economic plan late last week: tariffs. But the president fought back, slapping a 15% global tariff on imported goods. At Roots Roasting in St. Paul,…...
Economist on Trump's tariffs: "They are not going anywhere fast"
32+ min ago (77+ words) President Trump will likely use his State of the Union address on Tuesday to sell his economic agenda. The Supreme Court struck down a key part of his plan on Friday. But the president fought back, slapping a 15% global tariff…...
US mortgage rates drop to lowest since 2022 at 5.99% — Here's how much refinancing Americans can get for their homes | Today News
43+ min ago (475+ words) Mortgage rates in the United States have dropped below 6%, according to the White House. In a post on social media platform X (formerly Twitter), it further stated that this is the lowest mark since 2022. The average 30-year fixed mortgage rate…...
EUR/JPY Price Forecast: Remains above nine-day EMA near 182.50
55+ min ago (339+ words) A daily close above the 50-day EMA would cause the emergence of the bullish bias and support the EUR/JPY cross to explore the region around the all-time high of 186.88, which was recorded on January 23. A break below the nine-day…...
Gold and silver buying not alarming, says FM
1+ hour, 2+ min ago (257+ words) Claims high-pitched demand appears to be seasonal New Delhi: The Union government is closely monitoring gold and silver prices, and the situation is not alarming, Union Finance Minister Nirmala Sitharaman has said, adding that the high-pitched demand in the domestic…...
Singapore's core inflation sees a surprise drop to 1% in January
1+ hour, 12+ min ago (747+ words) SINGAPORE (The Straits Times/ANN): Singapore's core inflation unexpectedly eased in the first month of 2026, with analysts somewhat divided on how well-contained price pressures are and the likelihood of any monetary tightening. Core inflation eased to 1 per cent in January…...
American Express Hits Dow Jones On AI Doomsday 'Work Of Fiction"
1+ hour, 22+ min ago (211+ words) American Express dragged the Dow Jones Industrial Average lower on Monday afternoon as investors responded to a bleak 2027 AI-driven recession scenario published by Citrini Research, a firm that offers thematic and global macro trading ideas. The firm says it's bullish…...