Latest in Average mortgage rates close 2024 at the highest since July
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Giant waves kill at least 1 in Ecuador, close ports in Peru
Peru closed 91 of its 121 ports until Jan. 1, authorities said.CBS News - 1h -
Here's how this DC-area high school is attempting to close the wealth gap
Over the course of three years, students take courses on saving money, building wealth and budgeting, setting them up to achieve economic mobility and success.CNBC - 10h -
If interest rates remain 'higher for longer,' the winners are those with cash accounts
The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like accounts should benefit.CNBC - 1d -
The Wirecutter Show: Kitchen Gear That Lasts a Lifetime (or Extremely Close)
Quality kitchen gear can last a lifetime — but not every pot, pan or knife is made to last.The New York Times - 1d -
36% of Americans took on holiday debt this year — averaging $1,181 — survey finds. These tips can help
The holiday season may linger on for those who racked up more credit card debt than they anticipated. These tips can help knock those balances down.CNBC - 2d -
Experts confused but delighted by low rates of teen drug use
A new study has experts beaming with hope as it shows teen drug use at a record low, but they admit confusion as to why the trend is happening and how to ensure it continues. The annual national ...The Hill - 14h -
If interest rates remain 'higher for longer,' the winners are those with cash accounts
Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast.NBC News - 1d -
Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from Freddie Mac.The Hill - 1d -
Climate change led to 41 extra days of extreme heat this year on average: Analysis
Climate change led to nearly six extra weeks of dangerous heat worldwide over the past year, according to a new study from Climate Central and World Weather Attribution. The report, released ...The Hill - 1d -
4 types of borrowers that should refinance their mortgage loans now, experts say
Mortgage loan refinancing now could benefit four types of borrowers.CBS News - 1d -
Japan’s Nikkei index heads for best year-end close since 1989
Equity markets have finally surpassed bubble-era levels during rally led by domestic investorsFinancial Times - 1d -
NFL Christmas ratings: Netflix reports average of 24 million viewers for Chiefs-Steelers and Ravens-Texans
Last year's games, on normal television, averaged 29 million.Yahoo Sports - 2d -
Kansas State vs. Rutgers prediction, odds, line: 2024 Rate Bowl picks, best bets from college football model
SportsLine's model revealed its college football picks for Rutgers Scarlet Knights vs. Kansas State Wildcats in the Rate Bowl 2024 on ThursdayCBS Sports - 2d -
Mortgage rates jump, finish the year at a five-month high
The 30-year mortgage rate is averaging at 6.85%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 2d -
Turkey cuts rates for first time in 22 months with jumbo reduction
Central bank slashes borrowing costs by 250bp as consumer demand slowsFinancial Times - 2d -
Turkey's central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflationABC News - 2d -
Moscow's 4 airports closed temporarily for unspecified security reasons
MOSCOW — Russian authorities on Thursday closed all four of Moscow’s airports, plus a fifth one in a city about 100 miles southwest of the country’s capital, citing unspecified safety concerns.NBC News - 2d -
Memorials mark 20 years since tsunami killed over 200,000
The day after Christmas in 2004, a 9.1 magnitude earthquake under the Indian Ocean triggered tsunami waves that killed some 230,000 people across a dozen countries.CBS News - 2d -
20 Years Since the Deadly Tsunami in Asia
A look back at the horrible loss of life.The New York Times - 2d -
Number of Londoners moving out of UK capital falls to lowest since 2013
Research highlights impact of decade of faster house price rises in rest of countryFinancial Times - 3d -
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Is anything open on Christmas Day? Here's what's open and closed.
Last-minute grocery items and gifts can be found on Christmas Day, but many retailers and chains may be closed today.CBS News - 3d -
Inside how the Capitol Police has changed since Jan. 6, 2021
It's a completely different department since the attack, adding intelligence gathering and threat assessment divisions that have driven up the USCP budget.Politico - 3d -
As Santa Rally Begins, Wall Street Closes on High Note
The stock market is showing signs of resiliency in the Santa Rally phase of the year.Inc. - 3d -
The British royal family's Christmas rituals close out a difficult year
The King's Speech will see Charles in a former hospital chapel as he and Princess Kate mark the holiday after a year in which they were diagnosed with cancer. Prince Andrew and Prince Harry will be ...NBC News - 3d -
FDA issues highest-level recall for Costco eggs over salmonella risk
The FDA has raised the level of a Costco egg recall, warning of the risk of severe illness or death due to potential salmonella contamination. Over 10,000 cartons of Kirkland brand organic eggs ...CBS News - 3d -
Latin America’s rise in tuberculosis linked to imprisonment rates
Study warns region’s exponential rise in incarceration is fuelling the disease, with cases increasing by 19% between 2015 and 2022 . High incarceration rates in Latin America – the region with the ...The Guardian - 3d -
De Beers amasses biggest diamond stockpile since 2008 financial crisis
Chinese demand has slumped as competition from lab-grown alternatives has increasedFinancial Times - 3d -
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.MarketWatch - 4d -
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Empty streets and closed shops mark a somber Christmas Eve in Bethlehem
Bethlehem, usually bustling with pilgrims on Christmas Eve, is quieter this year amid the conflicts in the Middle East. The streets are nearly empty and many shops are closed. Imtiaz Tyab reports.CBS News - 4d -
Defaults on leveraged loans soar to highest rate in 4 years
Borrowers turn to distressed exchanges in the face of punitive interest ratesFinancial Times - 4d -
What are my mortgage options while I work abroad?
I plan to keep a property in the UKFinancial Times - 4d -
EU burns through gas storage at fastest rate since energy crisis
Colder weather and lower seaborne imports increase reliance on stored gasFinancial Times - 4d -
Israel confirms it killed Hamas political chief Ismail Haniyeh in Iran in July
Defence minister Israel Katz threatens Houthi rebels in Yemen, saying the military will ‘decapitate their leadership – just as we did with Haniyeh’. Israel’s defence minister has confirmed that the ...The Guardian - 5d -
Here Comes Santa Claus’s Approval Rating
Despite some debates in the news, Americans’ views on Santa haven’t really changed, polls show. Most parents still say he’ll visit on Christmas Eve.The New York Times - 5d -
Israel confirms it killed Hamas leader Haniyeh in Tehran in July
Ismail Haniyeh was Hamas's most prominent leader until his death in July.BBC News - 5d -
Highest-paid player in college football history? Transfer QB Darian Mensah's Duke deal is sign of times
$5 million budgets become $15 million and $10 million become $25 million in a market rife with NIL inflationCBS Sports - 5d -
Whooping cough cases reach highest level in a decade
Whooping cough cases have reached the highest annual total in a decade and are more than six times higher than at the same time last year.NBC News - 5d -
Will you be able to refinance your mortgage in 2025? Here's what experts think.
If you're a homeowner, refinancing may or may not make sense in the new year, experts say. Here's why.CBS News - 5d