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Average long-term US mortgage rate rises to highest level in nearly 3 years12:42 Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years PepsiCo sees strong overseas demand but lackluster North American performance in Q312:42 PepsiCo is reporting better-than-expected revenue in the third quarter despite lackluster North American demand Federal Reserve officials expect another rate hike will be needed this year, according to minutes12:41 Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed 5 traders jailed for rigging key interest rates have their convictions quashed12:41 A British court has quashed the convictions of five traders accused of manipulating benchmark interest rates, in a scandal stemming from the 2008 financial crisis Six senators call for Trump administration to 'immediately reverse course' on Russian diesel plan0:22 A bipartisan group of six senators are calling on President Donald Trump’s administration to “immediately reverse course” on a plan to purchase diesel from Russia as part of an effort to lower high fuel prices Trump sticks with tariffs even as US voters turn against them before the midterms15:34 President Donald Trump shows no signs of budging from a trade policy that many Americans don't like as the midterm elections loom Anthropic's Claude AI submits a false tip on a Philadelphia unsolved homicide case10.října An Anthropic artificial intelligence model submitted a false tip to Philadelphia police about an unsolved homicide case, authorities and Anthropic said 2 Inflation reports, retail sales and big bank profits all arrive in the coming week10.října The upcoming week promises to deliver notable updates on inflation, a topic sure to dominate the U.S. midterm elections now less than a month away Top Democrats join the wealthiest in fighting a California tax increase on billionaires9.října A first-in-the-nation proposal in California to tax billionaires could test voters' appetite for levying a wealth tax on the ultra-rich |
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