U.S.

Mortgage rates hit seven-year high

9 days 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

9 days 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

9 days 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

9 days 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

9 days 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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NBA playoffs 2018: Warriors ‘operating under the assumption' Andre Iguodala...

NBA playoffs 2018: Warriors ‘operating under the assumption' Andre Iguodala won't play in Game 7

Iguodala has averaged 7.9 points and 4.9 rebounds in 13 playoff games. Read more ...

Indiana school shooting: 'Hero teacher' released from hospital

Indiana school shooting: 'Hero teacher' released from hospital

Indiana teacher released from hospital after being shot several times while tackling armed student, witnesses recalled. Read more ...

At least 4 dead after crash in Louisiana involved two semitrailers, cars

At least 4 dead after crash in Louisiana involved two semitrailers, cars

As of late Saturday night at least four people have died and several others are injured after a deadly wreck on an interstate, Louisiana State Police said. Read more ...

Date and location for North Korea summit 'hasn't changed,' says president

Date and location for North Korea summit 'hasn't changed,' says president

U.S. President Donald Trump seemed to revive hopes for a summit with North Korean leader Kim Jong Un next month, telling reporters at the Oval Office late Saturday, "We're... Read more ...

Seoul: North Korea committed to US summit, denuclearization

Seoul: North Korea committed to US summit, denuclearization

South Korea's president says Sunday that North Korea made a commitment once again regarding denuclearization. Here's what happened: Read more ...

Florida State beats Clemson 5-4, advances to ACC title game

Florida State beats Clemson 5-4, advances to ACC title game

DURHAM, N.C. - Rhett Aplin's RBI single in the top of the ninth inning helped Florida State beat Clemson 5-4 on Saturday night and advance to the Atlantic Coast Conference... Read more ...

Champions League 2018 final: Zinedine Zidane revels in Real Madrid's third...

Champions League 2018 final: Zinedine Zidane revels in Real Madrid's third consecutive title

Zinedine Zidane was a happy man following Real Madrid's 3-1 win over Liverpool, which sealed a third straight European trophy. Read more ...

Teacher credited with disarming student in Indiana school shooting

Teacher credited with disarming student in Indiana school shooting

A teacher is being credited with disarming a student suspected of opening fire at an Indiana middle school. Read more ...

Angels' Mike Trout turns in career night with five hits, four for extra bases

Angels' Mike Trout turns in career night with five hits, four for extra bases

Mike Trout totals 11 bases as he helps LA rally for a win in New York. Read more ...

American held captive in Venezuelan jail freed, Trump says

American held captive in Venezuelan jail freed, Trump says

A White House official said Joshua Holt arrived Saturday evening at Washington Dulles International Airport. Read more ...