Rising mortgage rates are lowering the odds of prospective homebuyers entering the market and adding to the tough economic slate for President Trump and the GOP just weeks ahead of the midterms. The average 30-year fixed mortgage rate was 7.28 percent last week — the highest mark since late Novem...
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Kristalina Georgieva warns that the technology lifting growth hopes is also pushing up inflation and yields, just as public debt levels rose.
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HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
business
The U.S. trade deficit rose to a 17-month high in August, topping $100 billion for the first time since March 2025. U.S. imports of goods and services that month were worth $105.6 billion more than the value of exports, according to data the Census Bureau and Bureau of Economic A...
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That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.
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Moody's predicts that the world's aging populations will have fundamental impacts on the global economy and lead to difficult policy decisions.
