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China's exports surge 27% from a year earlier as AI boom drives strong demand22:45 China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year19:02 The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers Trump administration races to rebuild US tariff wall knocked down by Supreme Court19:02 The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth Need for speed? Driving above the speed limit costs you — and doesn't actually save much time17:58 Racing to work, to pick up your children from school, or go from one errand to the next not only wastes money and sends harmful emissions into the air, it barely saves you time, new research says 3 islands help control access to the Strait of Hormuz. They're in the crosshairs of the Iran war16:22 The expanding U.S. military campaign against Iran has put three small islands that sit at the confluence of the Persian Gulf and the Strait of Hormuz in the crosshairs once again Retail sales up a modest 0.2% in June amid economic uncertainty15:50 Shoppers slowed their spending in June from May amid continuing economic uncertainty and fading benefits from generous government tax refunds US weekly unemployment claims fall to 208,000, fewest in 10 weeks15:18 Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S. layoffs remain historically low Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip9:25 Asian shares are mostly lower and oil prices have fallen despite back-and-forth strikes between the U.S. and Iran Verdict due in trial over 2018 bridge collapse in Italy that killed dozens7:49 Family members of the 43 people killed in the 2018 Genoa bridge collapse are expected in court for verdicts in the trial of 57 defendants |
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