MortgagesAverage long-term US mortgage rate eases to 6.63%, a welcome move for prospective homebuyersFebruary 1, 202440The average long-term U.S. mortgage rate eased this week, welcome news for prospective homebuyers as the spring homebuying season approachesBy...
BankingLike the US Fed, Bank of England is edging toward interest rate cuts — but not quite yetFebruary 1, 202451LONDON (AP) — Just like the U.S. Federal Reserve, the Bank of England is edging toward cutting interest rates —...
CryptocurrencySEC approve new bitcoin fundsJanuary 10, 202488NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin,...
BankingDanish EU commissioner pulls out of the race for the top job at the European Investment BankDecember 8, 2023119The European Union’s powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment BankBy JAN...
EconomyIs the US economy on track for a ‘soft landing’? Friday’s jobs report may offer cluesDecember 8, 2023157WASHINGTON -- Can the U.S. economy achieve a much-hyped “soft landing”? Friday's jobs report for November will provide some signs...
EconomyStock market today: Wall Street drifts to a mostly higher close and Treasury yields fallNovember 28, 2023157Stocks drifted to a mostly higher close Friday following a strong report on consumer confidence and a boost to hopes...
CryptocurrencyRegulators and law enforcement crack down on crypto’s bad actors. Congress has yet to take actionNovember 22, 2023144WASHINGTON (AP) — While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little...
Stock MarketStock market today: Wall Street drifts to a mixed and quiet finish following last week’s big swingsNovember 7, 202345NEW YORK -- U.S. stocks drifted to a mixed finish Monday as Wall Street’s wild recent moves calmed a bit.The...
BankingBank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil pricesNovember 2, 2023113LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of...
FundsEuropean Union reverses earlier announcement that it was suspending development aid to PalestiniansOctober 9, 202345BRUSSELS -- The European Union late Monday reversed an earlier announcement by an EU commissioner that the bloc was “immediately”...