Finance
US Mortgage Rate Climbs to 6.53%, Highest in Nine Months
The average long-term U.S. mortgage rate rose to 6.53% this week, its highest in nine months, posing a setback for prospective homebuyers.
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Markets
Oil Retreats From Overnight Peak Amid Iran Deal Reports
Crude oil futures have significantly pulled back from early highs on Thursday, following an overnight surge driven by geopolitical tensions and subsequent...
Markets
Viasat Reports Q4 2026 Earnings Amidst Market Activity
Viasat (VSAT) released its Q4 2026 earnings transcript on May 28, 2026. The document provides insights into the company's financial performance and...
Stocks
Live Cattle Futures Decline as Cash Trade Lags
Live cattle futures saw a downward trend on Thursday, with contracts closing in the red. Limited cash trade and a lack of...
Markets
Trump $250 Bill: Legal Barriers, Political Push
The US government is preparing for a potential new $250 bill featuring Donald Trump's face, despite federal laws barring images of living...
Markets
Calbee’s Packaging Goes Black and White Amid Oil Supply Fears
Japanese snack giant Calbee is temporarily switching to black and white packaging for some products, including crisps, due to unstable printing ink...
Markets
Saudi Aramco CEO: Strait of Hormuz Closure Costs 100 Million Barrels Weekly
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil...
Finance
Somali Piracy Resurgence Threatens Global Shipping Costs
Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...
World Business
¥10 Trillion Question: Japan’s Yen Defense Scrutinized
Currency traders are keenly awaiting Friday's official data from Japan's finance ministry, which will detail the scale of recent yen intervention as...
World Business
Canada Secures German LNG Deal, Carney Advances Trade Diversification
Canada has finalized a deal to export up to 1 million metric tons of liquefied natural gas annually to Germany, marking a...
Finance
Ohio Pauses Data Center Tax Credits Amid Growing Opposition
Ohio Governor Mike DeWine has directed the state to halt new tax credit applications for data centers, initiating a study into their...
Stocks
Braze Lifts FY27 Revenue Outlook to $899M, Guides Q2 Margin to 8%
Braze (BRZE) has raised its FY 2027 revenue outlook to $895M-$899M and projects a Q2 operating margin of ~8%, following strong Q1...