The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
Oct 9, 2026
The World Trade Organization said that the drag on global trade from the war in the Middle East was more than offset by spending on goods related to artificial intelligence.
Oct 8, 2026
Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate rose 12 basis points from last week, when it was 7.28 percent, according to the government-sponsored company. This rate has risen for seven consecutive weeks...
House Minority Leader Hakeem Jeffries (D-N.Y.) vowed that Democrats, if they win the House in next month’s midterms, will launch immediate investigations into corruption allegations against President Trump, his family and other associates who have benefited financially during the early years of his second term. “What we’ve seen from the Trump cartel is that they’re...
President Trump heaped praise on Elon Musk on Thursday as he awarded the tech leader with the National Medal of Science, just a little more than a year after the high-profile relationship between the pair turned into an explosive public feud. Trump presented the SpaceX and Tesla CEO with the nation’s highest form of recognition...
The NFL urged the Supreme Court on Thursday to take up a case over who has the authority to regulate prediction markets, arguing that wagers on the platforms should fall under state gambling laws. The league filed an amicus brief as part of a dispute between Kalshi and the state of New Jersey, which has...
Days before her confirmation hearing last year, U.S. Ambassador to Greece Kimberly Guilfoyle asked one of President Trump’s donors to wire her American Express account $100,000, The Wall Street Journal reported Wednesday. “You could just send it here. It won’t show up anywhere if you wire money to American Express,” she wrote to Eric Deters...
Oil prices rose amid reports Thursday that the White House is weighing new strike options on Iran, less than a month before the November elections. Brent crude, the global benchmark, increased to $104.60 per barrel with a 4.4 percent jump Thursday morning. The U.S. benchmark, West Texas Intermediate (WTI), jumped 3.91 percent and settled at...
Americans’ support for businesses taking public stances has dipped, according to a new poll, as many companies have curried favor with President Trump during his second term. Forty-seven percent of 3,270 respondents to a Gallup survey said businesses should take a stance on current events, down from 51 percent in 2025 but up from 38...
Vice President Vance is expected to announce new measures Thursday aimed at tackling alleged work visa fraud. Vance, who leads President Trump's White House Task Force to Eliminate Fraud, has been spearheading efforts to identify potential abuses of federal programs, including immigration and healthcare. The Trump administration has sounded alarms in recent years over potential...
Treasury Secretary Scott Bessent on Wednesday went after The Wall Street Journal for a report about strife within his department. “Look, The Wall Street Journal is a shadow of its former self, and I think it's a disgrace for you to say that they're like TMZ. TMZ does a good job of what they do,”...
Millions of AT&T customers who had their personal data leaked in a data breach (or two) may soon be receiving their portions of a $177 million settlement.