U.S.

Mortgage rates hit seven-year high

One year ago   |   By

WASHINGTON - Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home-buying season. The benchmark 30-year rate pushed toward the significant 5 percent level. Mortgage buyer Freddie Mac said yesterday the average rate on 30-year, fixed-rate mortgages was 4.61 percent, up from 4.55 percent last week. The new average rate was the highest since May 19, 2011. By contrast, the 30-year rate averaged 4.02 percent a year ago. The average rate on 15-year, fixed-rate loans climbed to 4.08 percent from 4.01 percent last week.
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SoftBank Chairman Risks U.S. Security Shackles in T-Mobile Deal

One year ago   |   By

SoftBank Group Corp. Chairman Masayoshi Son has battled for years to merge T-Mobile US Inc. with his Sprint Corp. Now that he finally has a deal, he risks having his hands tied by a secretive U.S. government panel.
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Asian stocks higher on backdrop of US-China talks

One year ago   |   By

Asian stock markets were marginally higher on Friday as U.S. and Chinese officials held a new round of talks seeking to avert a trade war between the world's two largest...
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Asia stocks steady as markets eye U.S.-China trade talks, dollar elevated

One year ago   |   By

TOKYO - Asian stocks were steady on Friday amid caution over developments in U.S.-China trade negotiations, while the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years.
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U.S. bank stock gains may stall after two-year rally

One year ago   |   By

After two years of sharp gains for U.S. bank stocks, investors betting on another big boost for 2018 may be disappointed unless loan growth accelerates or regulations slacken considerably.
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War of Will wins Preakness featuring riderless running horse

War of Will wins Preakness featuring riderless running horse

After finishing well out of the money in the Kentucky Derby from the No. 1 post, War of Will charged to victory after again starting from the rail Saturday. Read more ...

War of Will wins 144th Preakness Stakes

War of Will wins 144th Preakness Stakes

War of Will has won the 144th Preakness Stakes. Read more ...

Michigan GOP congressman says Trump conduct is 'impeachable'

Michigan GOP congressman says Trump conduct is 'impeachable'

A Republican congressman from Michigan on Saturday became the first member of President Donald Trump's party on Capitol Hill to accuse him of engaging in "impeachable conduct." Read more ...

Arnold Schwarzenegger attacked at sporting event

Arnold Schwarzenegger attacked at sporting event

Video shows a man racing toward the former California governor from behind and jump-kicking him in the back. Read more ...

UFC on ESPN+ 10 results: Charles Oliveira finishes Nik Lentz again

UFC on ESPN+ 10 results: Charles Oliveira finishes Nik Lentz again

Another fight, another finish for Charles Oliveira . And another victory over Nik Lentz . “Do Bronx” owns the UFC's submission record with 13, but on Saturday night he scored... Read more ...

'Wilder hit him so hard, they're feeling it in Brazil!' Wilder demolishes...

'Wilder hit him so hard, they're feeling it in Brazil!' Wilder demolishes Breazeale in NY

It took just two minutes, 17 seconds for Deontay Wilder to defend his WBC heavyweight championship of the world as he flattened rival Dominic Breazeale with a vicious... Read more ...

Digital billboard catches fire in Times Square

Digital billboard catches fire in Times Square

The Fire Department says no injuries have been reported and there is no damage to the building the sign is attached to. Read more ...

PGA Championship 2019: Dustin Johnson looking for 'some help' from Brooks Koepka

PGA Championship 2019: Dustin Johnson looking for 'some help' from Brooks Koepka

Sitting seven shots back, Dustin Johnson knows he will need some luck to catch PGA Championship leader Brooks Koepka. Read more ...

Green, Warriors beat Blazers for 3-0 lead in West finals

Green, Warriors beat Blazers for 3-0 lead in West finals

PORTLAND, Ore. - Draymond Green had 20 points, 13 rebounds and 12 assists, and the Golden State Warriors beat the Portland Trail Blazers 110-99 on Saturday night for a 3-0 lead... Read more ...

Twitter reacts to Rafael dos Anjos' submission of Kevin Lee at UFC on ESPN+ 10

Twitter reacts to Rafael dos Anjos' submission of Kevin Lee at UFC on ESPN+ 10

Rafael dos Anjos yet again avoided experiencing three consecutive losses in his career on Saturday when he defeated Kevin Lee in the UFC on ESPN+ 10 headliner. Former UFC champ... Read more ...