Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy The Big Story Mortgage rates drop and stocks rebound slightly Mortgage rates declined for the third straight week, while stocks rallied on Friday after multiple days of losses this week. © Seth Wenig, Associated Press The average 30-year mortgage rate was 7.18...

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy Business & Economy The Big Story Mortgage rates fall to under 7.25 percent Mortgage rates declined for the second straight week, providing prospective homebuyers with a bit of relief in a pricey housing market. © Nam Y. Huh, Associated...

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks fall to close out week as Election Day nears Stocks took a nosedive to end the week, as investors' concerns about mounting AI-related debt played out on Wall Street. © Yuki Iwamura, Associated Press The...

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks slide as oil prices rise again ahead of midterms Stocks tumbled on Friday, as oil prices rose again amid the ongoing U.S.-Iran and Russia-Ukraine conflicts. © Yuki Iwamura, The Associated Press At closing, the...

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Oil hits $110 per barrel for first time since May An international oil benchmark hit $110 per barrel on Friday, as the industry faces persistent shocks from the U.S.-Iran and Russia-Ukraine wars. © Kamran Jebreili, Associated...

As US voters cast their ballots in the midterm elections, the economy remained their top concern. Despite robust headline macroeconomic data, middle-class Americans are growing increasingly frustrated with the rising cost of living. Meanwhile, Donald Trump's tariffs have hit small businesses hard, leading to a significant rise in bankruptcies. Our correspon…

Revamped CTF Media and Entertainment, which holds one of Hong Kong’s three free-to-air television licences, plans to expand its focus beyond TV programmes and broadband to entertainment and the sports economy as its traditional businesses stagnate. Revealing the new logo of the company previously known as i-Cable Communications, CEO and executive director I…

Hong Kong’s leader pledged to showcase the city’s financial strengths to the world as it hosts the two-day Apec Finance Ministers’ Meeting for the first time. Observers said the event, which began on Tuesday and runs until Wednesday, would also help dispel foreign misunderstandings about Hong Kong’s economy and development, while drawing business leaders fr…

Suspected financial fraud, public money at risk and millions of customers affected: Paraguay is in serious crisis following the sudden collapse of Ueno Bank. President Santiago Pena is facing impeachment.

More Irish companies are considering Hong Kong as a base for expansion across Asia, according to the head of the country’s chamber of commerce in the city, who described the two as “natural partners”. Padraig Seif, president of the Irish Chamber of Commerce in Hong Kong, said momentum was building ahead of the Asia-Pacific Irish Business Forum as Irish firm…