Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

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SHANGHAI, Jan 17 (Reuters) - Most base metals traded within a tight range on Friday, as support from a softer dollar and expectations of further U.S. interest rate cuts was partially offset by ...

That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...

Prime Minister Anwar Ibrahim launched Tenaga Nasional Bhd’s (TNB) Eastfield and Bunkers Hill solar farms in the UK yesterday, expressing optimism that its foray into the renewable energy (RE ...

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30 ...

A “For Sale by Owner” sign is displayed in front of a home in Niles, Ill., Friday, Nov. 1, 2024. (AP Photo/Nam Y. Huh) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The average ...

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This announcement follows a decade-long agitation for tariff hikes by telcos, who have faced a harsh operating environment that has spiked their operating cost by 300 percent over the years. Record ...

BENGALURU, Jan 16 (Reuters) - The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about the ...