News
US Fed set to hold rates steady again on cost hikes from Mideast war
6+ hour, 8+ min ago (783+ words) Republican Senator Thom Tillis had vowed to block Federal Reserve appointments until a probe into chairman Jerome Powell involving renovation costs is resolved US Federal Reserve Chair Jerome Powell's term at the helm of the central bank is set to…...
Mortgage Rates Move Lower as Economic Outlook Worsens
2+ week, 2+ day ago (487+ words) Young adult man feeling frustrated and confused while looking at his smartphone, holding his glasses, sitting at a table with coffee and laptop in an outdoor cafe Mortgage interest rates improved slightly this week, though that's not much comfort given…...
Warflation" Will Hit More Than Just Gas Prices
2+ week, 3+ day ago (1318+ words) The war in Iran may be on pause, but its effects on prices are still in motion and will continue to ripple through the economy after more than a month of disruption to the global oil supply. Gas prices, for…...
German exports drop in setback to fragile recovery
1+ mon, 2+ week ago (254+ words) Germany is a major exporter of cars German exports dropped faster than expected in January, official data showed Tuesday, the latest sign that the recovery in Europe's struggling top economy remains fragile. Exports slipped 2. 3 percent from the previous month to…...
Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy
1+ mon, 2+ week ago (477+ words) Mortgage rates increased this week following news of a new war in the Middle East. In the week ending March 6, the average 30-year fixed mortgage rate went up seven basis points from the week prior to 5. 94%, according to rates provided…...
US retail sales decline as consumer pullback deepens
1+ mon, 2+ week ago (427+ words) Analysts attributed some of the depressed retail activity to severe winter storms that battered the United States in January US retail sales declined by 0. 2 percent in January, according to delayed government data released on Friday, missing some analysts' expectations amid…...
Middle East war a new shock for financial markets
1+ mon, 2+ week ago (757+ words) Smoke rises from the site of air strikes in the Iranian capital The outbreak of war in the Middle East has sent shockwaves through financial markets, with energy prices soaring and stocks sliding, just a year after US President Donald…...
Brazil's economy slows as high interest rates curb growth
1+ mon, 3+ week ago (376+ words) Brazilian President Luiz Inacio Lula da Silva, aged 80, is seeking a fourth term in October Brazil's economy grew 2. 3 percent in 2025, cooling from the previous year as its interest rates remained among the highest in the world, official data showed Tuesday....
EU to unveil 'Made in Europe' rules despite pushback
1+ mon, 3+ week ago (681+ words) New York's Empire State Building was illuminated in the colo" Nepali women risked their lives in last year's deadly anti-c" Supporters of 'Made-in-Europe' rules say if the EU does not act to shield its strategic sectors like cars and chemicals,…...
UK cuts 2026 growth forecast, flags Iran war risk
1+ mon, 3+ week ago (380+ words) Britain's economy is expected to slow to 1. 1 percent in 2026 The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update overshadowed by concerns over the economic fallout from the Iran war. The Spring Statement…...