U.S.

Mortgage rates hit seven-year high

5 monthes 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.
Read more ...

 

SoftBank Chairman Risks U.S. Security Shackles in T-Mobile Deal

5 monthes 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.
Read more ...

 

Asian stocks higher on backdrop of US-China talks

5 monthes 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...
Read more ...

 

Asia stocks steady as markets eye U.S.-China trade talks, dollar elevated

5 monthes 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.
Read more ...

 

U.S. bank stock gains may stall after two-year rally

5 monthes 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.
Read more ...

 


Search by Tags

   U.S.      Business & Markets      Jobs      E-commerce      Infrastructure      War      Intellectual Property      Acquisitions      Wireless      Cybersecurity      National Security      Software Company      Ride Sharing      Transportation      Consumer Discretionary      Telecommunication Services      Autonomous Vehicle      Board Directors      Timotheus Hoettges      Marcelo Claure      David M Turetsky      Masayoshi Son      NYS      S      NMS      TMUS      World      Market      BusinessNews  


Trump Plans To Pull Out Of Intermediate-Range Nuclear Pact With Russia

Trump Plans To Pull Out Of Intermediate-Range Nuclear Pact With Russia

He says the U.S. will withdraw from the Intermediate-Range Nuclear Forces Treaty because Moscow has violated the agreement. Read more ...

Three takeaways from No. 5 LSU's win over No. 22 Mississippi State

Three takeaways from No. 5 LSU's win over No. 22 Mississippi State

It wasn't pretty, but LSU got the job done at Tiger Stadium. Read more ...

'Heart stopped beating': 9-year-old girl dies after court allows more time...

'Heart stopped beating': 9-year-old girl dies after court allows more time on life support

Payton Summons "passed naturally" after her heart stopped beating on its own, the family's attorney said. Read more ...

Scott Frost: 'We've got as good of fans as there are in the country; I...

Scott Frost: 'We've got as good of fans as there are in the country; I almost teared up walking off the field'

Hear from Scott Frost following his first win as Nebraska's head coach. Read more ...

Rob Gronkowski 'highly unlikely' to play for Patriots Sunday

Rob Gronkowski 'highly unlikely' to play for Patriots Sunday

Gronkowski was limited in practice all week with ankle and back issues. Read more ...

Messi breaks arm as Barcelona regains lead in La Liga

Messi breaks arm as Barcelona regains lead in La Liga

MADRID - Barcelona ended its slump and regained the Spanish league lead but there was little to celebrate as Lionel Messi broke his right forearm and will be sidelined for... Read more ...

Dozens of unburied fetuses, infants found at Detroit funeral home

Dozens of unburied fetuses, infants found at Detroit funeral home

It is the second time this month that fetuses have been found in Detroit funeral homes. Read more ...

Jim Harbaugh calls Michigan State, Mark Dantonio 'bush league' after pregame...

Jim Harbaugh calls Michigan State, Mark Dantonio 'bush league' after pregame scuffle

Jim Harbaugh and called Mark Dantonio shared some mutual disdain over the Wolverines' and Spartans' pregame scuffle. Read more ...

As election day nears, US cracks down on election interference

As election day nears, US cracks down on election interference

America's intelligence community and Silicon Valley may have upped their efforts to prevent interference in November's midterm elections. Read more ...

Wolves Rest Butler For Dallas Trip, 2nd Game Of Back-To-Back

Wolves Rest Butler For Dallas Trip, 2nd Game Of Back-To-Back

DALLAS - Disgruntled guard Jimmy Butler is skipping the second game of Minnesota's first back-to-back of the season, staying home to rest while the team traveled to... Read more ...