Finance
US Mortgage Rate Dips to 6.48%, Retreats From 9-Month High
The average long-term U.S. mortgage rate fell to 6.48% this week, easing from its highest level in nine months and offering relief...
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Investing
Regulators Push Stablecoin Rules, Warn on AI Cyber Risks
U.S. bank regulators are prioritizing stablecoin rules and AI risk management, shifting focus from experimental tech to supervisory mandates. Officials warn of...
Investing
Global Investors Dump Indonesia as Prabowo Policies Fuel Market Rout
Indonesia's stocks tumble and rupiah sinks as global investors rapidly lose confidence in President Prabowo Subianto's populist and interventionist agenda.
Finance
Supreme Court Affirms SEC’s Broad Authority to Recoup Fraud Gains
The Supreme Court unanimously upheld the SEC's broad authority to recoup ill-gotten gains in fraud cases, ruling against Ongkaruck Sripetch and clarifying...
Economy
Iran War Fallout: Energy Markets Face Years of Disruption
Even with a peace deal, the Iran war's energy and supply chain crisis is set to persist for months or years, defying...
Stocks
INNIO Prices Upsized IPO at $27 Per Share
INNIO Group priced its initial public offering at $27 per share, raising capital through an upsized offering of 90 million common shares.
World Business
Canada Pushes 16-Year Trade Deal Renewal Amid Trump’s ’51st State’ Talk
Canada formally urged the US and Mexico to renew their free trade agreement for 16 years, even as President Trump revived talk...
World Business
New York Assembly Weighs Sovereign Debt Lawsuit Curbs
The New York Assembly is considering a bill to restrict investor lawsuits on sovereign debt, potentially impacting hundreds of billions globally. The...
Markets
Treasury Yields Jump Most in Two Weeks on Robust Jobs Data, Fed Hike Bets Firm
Treasury yields saw their largest increase in two weeks Wednesday, driven by stronger-than-expected private-sector job growth that solidified expectations for a Federal...