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Mortgage rates slipped below 7.25 percent, marking a second consecutive weekly decline. The drop offers prospective homebuyers some relief amid a still‑expensive housing market.

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Coverage for “Business & Economy”

Showing 1-10 of 30 stories · from 78 tracked matches · page 1 of 3.

  • Mortgage rates drop and stocks rebound slightly

    The Hill 23 views
    Story Summary

    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...

    Why it matters: Carries geopolitical weight beyond one country.
  • Mortgage rates fall to under 7.25 percent

    The Hill 19 views
    Story Summary

    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...

    Why it matters: Carries geopolitical weight beyond one country.
  • Markets tank on final Friday before elections

    The Hill 11 views
    Story Summary

    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...

    Why it matters: Carries geopolitical weight beyond one country.
  • Stocks slide as oil prices rise again ahead of midterms

    The Hill 21 views
    Story Summary

    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...

    Why it matters: Carries geopolitical weight beyond one country.
  • Oil reaches $110 per barrel

    The Hill 25 views
    Story Summary

    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...

    Why it matters: Carries geopolitical weight beyond one country.
  • Cathay Pacific's $19 billion upgrade includes new premium economy and business-class seats. I got a sneak peak — take a look.

    Business Insider 614 views
    Story Summary

    Cathay Pacific is rolling out new premium economy and business-class seats on retrofitted Boeing 777-300ERs.

    Why it matters: Signals shifts in markets and the broader economy.
  • Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises

    Guardian 25 views
    Story Summary

    US economists developed models that help central bankers and finance ministers to stabilise their economies Business live – latest updates Two US economists have won the 2026 Nobel economics prize for their work developing models that help central bankers and finance ministers to stabilise their countries, avoiding long recessions and runaway inflation. Rob…

    Why it matters: Signals shifts in markets and the broader economy.
  • Trump tariffs hitting small businesses

    France 24 World 21 views
    Story Summary

    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…

    Why it matters: Trade and sanctions reroute global supply chains.
  • Creator Business Motion Society Hires Ex-Spotify, Meta & Fullscreen Exec Chanel Simmons To Lead U.S. Operation

    Deadline 24 views
    Story Summary

    EXCLUSIVE: Creator economy business Motion Society has named former Spotify, Meta and Fullscreen exec Chanel Simmons as its new U.S. boss. She will become Managing Director, U.S., at the company, which works with around 650 creators and distributes more than 30,000 videos each month, including big names such as Jesser, Stephen Sharer and Lizzy Capri. […]

    Why it matters: Reflects media, culture, and audience trends.
  • CTF Media eyes events expansion as traditional TV and broadband growth stagnates

    SCMP 33 views
    Story Summary

    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…

    Why it matters: Carries geopolitical weight beyond one country.

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