Mortgage rates drop as ‘high uncertainty’ creates volatility
admin The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by…
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U.S. unemployment claims climb to 260,000 and stick near nine-month high
The numbers: Some 260,000 people applied for unemployment benefits at the end of July, keeping…
Read MoreTurkey annual inflation rate reaches nearly 24-year high
Turkey’s annual inflation rate accelerated again in July, marking its highest print since September 1998,…
Read MoreFed’s Bullard says U.S. can conquer high inflation and avoid a recession
The president of the St. Louis Federal Reserve contends the central bank can restore inflation…
Read MoreTop Fed officials say U.S. interest rates to keep rising until high inflation eases
Two top officials at the Federal Reserve on Tuesday said the U.S. central bank needs…
Read MoreSouth Korea’s inflation hits near 24-year high
South Korea’s inflation rate hit a near 24-year high in July, accelerating to top 6.0%…
Read MoreNutanix appoints new revenue chief, expects high end of forecasts
Nutanix Inc. shares rallied in the extended session Monday after the hyperconverged-infrastructure company appointed a…
Read MoreU.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read MoreU.S. consumer spending climbs sharply in June, but mostly because of high inflation
The numbers: Consumer spending, the main engine of the U.S. economy, jumped 1% in June,…
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Opinion: Food inflation remains stubbornly high in U.S. and Europe
The pace at which food prices rise matters not just because it directly impacts household…
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