Tag Archives: Rate

Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated

Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated

The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices. The long-term rate slipped to 6.74% from 6.75% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.78%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The …

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ECB rate decision as it happened: Rate unchanged at 2% as uncertainty remains over US-EU trade deal – Reuters

ECB rate decision as it happened: Rate unchanged at 2% as uncertainty remains over US-EU trade deal  Reuters ECB keeps rates steady as it awaits clarity over trade  Reuters Euro dips after ECB keeps rates unchanged  CNBC Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval  AP News ECB Keeps Rates Unchanged to Wait for Clarity on US Tariffs  Bloomberg …

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The US fertility rate reached a new low in 2024, CDC data shows

The US fertility rate reached a new low in 2024, CDC data shows

NEW YORK — The fertility rate in the U.S. dropped to an all-time low in 2024 with less than 1.6 kids per woman, new federal data released Thursday shows. The U.S. was once among only a few developed countries with a rate that ensured each generation had enough children to replace itself — about 2.1 kids per woman. But it …

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Tom Hayes: Court overturns ex-Citi trader criminal conviction for interest rate rigging

Tom Hayes: Court overturns ex-Citi trader criminal conviction for interest rate rigging

London Reuters  —  Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name. The UK Supreme Court unanimously allowed Hayes’ appeal, overturning his 2015 conviction of eight counts of conspiracy to defraud by manipulating Libor, a now-defunct benchmark interest rate. The court …

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Trump Says Japan Deal Reached With Tariff Rate Set at 15% – Bloomberg.com

Trump Says Japan Deal Reached With Tariff Rate Set at 15%  Bloomberg.com Trump strikes trade deal with Japan to cut tariffs  Reuters Trump sets 15% tariff on Japanese imports as part of investment agreement  NBC News Japan auto stocks soar on report of lower tariffs — Toyota jumps over 15%  CNBC Trump announces ‘massive’ trade deal with Japan  Al Jazeera Source link

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Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is struggling to break into the entry-level job market—but young male college graduates may be hurting the most. The most recent data from the Federal Reserve indicates that the unemployment rate among recent college graduates is on the rise, at about 5.5%. Although it remains lower than the 6.9% rate among all young workers between 22 and 27 …

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Trump Administration Keeps Pressure on Powell Over Rate Cuts and Renovations – The New York Times

Trump Administration Keeps Pressure on Powell Over Rate Cuts and Renovations  The New York Times FAQ: Here’s what would happen if Trump actually tries to fire Powell  CNN Bessent says Powell doesn’t need to resign but should conduct internal review  CNBC What Trump’s Feud With Jerome Powell Is Really About  The Atlantic Live updates: Trump signals he’ll let Powell serve out his term as …

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Virginia Supreme Court upholds state commission’s decision to deny Dulles Greenway rate hike

Virginia Supreme Court upholds state commission’s decision to deny Dulles Greenway rate hike

The Supreme Court of Virginia has upheld the State Corporation Commission’s September 2024 decision denying a toll rate hike intended for the Dulles Greenway. The Supreme Court of Virginia has upheld the State Corporation Commission’s September 2024 decision denying a toll increase for the Dulles Greenway, the 14-mile stretch of roadway that links Leesburg to the Dulles International Airport. The …

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