Finance
US 30-Year Mortgage Rate Hits 6.51%, Highest in Nearly Nine Months
The average long-term U.S. mortgage rate climbed to 6.51% this week, its highest level in nearly nine months, increasing borrowing costs for...
The Editorial Team 913 articles
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...
Markets
Warsh at the Fed: Trump’s Ally or Independent Steward?
Kevin Warsh's confirmation as Fed chair was the narrowest on record, raising questions about his independence from President Trump's agenda.
Stocks
SpaceX Starship Test: A Trillion-Dollar IPO Hangs in the Balance
SpaceX's critical Starship launch test ahead of its IPO is under intense scrutiny. Investor confidence and a potential $1.5 trillion valuation hinge...
Finance
House Hearing Reveals Oversight Lagging Bank-FinTech Innovation
A House committee hearing scrutinized bank-FinTech partnerships, revealing concerns that regulatory oversight struggles to keep pace with rapid innovation and new risks....
World Business
Asia Chip Windfall Fuels Global AI Hyperscalers
Asian chipmakers' AI-driven profits are creating a global savings glut, funding hyperscalers and echoing past financial cycles.
Stocks
Molson Coors Prices CAD $500M Senior Notes Offering
Molson Coors Beverage Company has priced a CAD $500 million private placement of senior notes due 2033, with a 4.300% coupon rate....
Economy
Kansas Wheat Crop Faces Worst Outlook Since 1972 Amid Drought and Costs
Kansas farmers confront a potential wheat crop shortfall not seen since 1972, battling severe drought and escalating production expenses.
Stocks
Home Depot, Lowe’s Shift Focus to Contractor Software Platforms
Home Depot and Lowe's are evolving beyond traditional retail, transforming into software platforms to serve the professional contractor market. Recent earnings reports...