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.
#Economy 39 articles
Finance
US Hunger Surpasses Pandemic Peak, New Fed Survey Reveals
A new Federal Reserve Bank of New York survey shows food insecurity in the U.S. is now higher than during the peak...
Finance
South West Tourism Reports Strong Bank Holiday Gains
South West England's tourism sector experienced a significant boost over the recent bank holiday weekend, driven by temperatures reaching 31C. Businesses in...
Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
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...
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.
Markets
Iran Conflict’s Market Ripple Effects Detailed
FP Video explores how geopolitical tensions with Iran are influencing global markets and government bonds, alongside other economic concerns.
Markets
India Hikes Fuel Prices Amid Global Energy Crisis
India raises fuel prices by 3 rupees per liter to offset losses from higher global oil prices, impacting consumers and the economy.