Rates Rise Highest - QuikReader

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Business - The New York Times - October 25

Global food prices reach highest level in 18 months

Increases signal grocery price pressures likely to rise further over the coming quarters

World - Financial Times - November 8

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - October 30

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Inflation rises 2.6% in October after Fed starts interest rate cuts

U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...

Inflation rises slightly as economy reacts to interest rate cuts

New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.

U.S. military suicide rate rises; what can be done

The rate of active-duty U.S. service members who committed suicide has risen over the last two years, according to numbers from the Pentagon. Josh McCain, CEO of Big Sky Bravery, a non-profit ...

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - 3 days ago

10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent

The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.

Business - CNBC - October 28

Rising lung cancer rates in Asian women who don't smoke worry experts

Of the Asian women diagnosed with lung cancer, 57% are nonsmokers, according to a study. For all others, only 15% of the women diagnosed had no history of smoking.

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

Business - CNBC - October 31

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - October 31

10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates

The 10-year Treasury yield inched higher on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments and await further economic data.

Business - CNBC - November 15

Treasury yields rise by most in a week amid focus on prospects for U.S. economy

U.S. government debt sold off on Wednesday, sending yields up by the most in a week, as geopolitical anxiety eased and investors awaited President-elect Donald Trump’s pick for Treasury secretary.

Business - MarketWatch - 3 days ago

Tuberculosis infections highest on record: WHO

Global tuberculosis cases reached an all-time high in 2023, with nearly 11 million people estimated to have become sick with the disease last year. According to the World Health Organization's ...

Politics - The Hill - October 30

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.

Myanmar overtakes Syria as country with highest landmine casualties

Landmine use has significantly increased in Myanmar as conflict has spread after the military’s seizure of power in February 2021. Myanmar overtook Syria last year to become the country with the ...

World - The Guardian - 4 days ago

Tesla shares close at highest in 13 months as post-earnings rally continues

Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

Business - CNBC - October 25

World Series Game 1 draws the highest TV audience in five years

The Los Angeles Dodgers’ dramatic 6-3 victory over the New York Yankees in Game 1 of the World Series on Friday night.

U.S. consumer confidence surges in October to highest level in nine months

The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.

Business - MarketWatch - October 29

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

Amazon's cloud unit records highest profit margin in at least a decade

Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.

Business - CNBC - October 31

Spain flood epicentre braces for fresh deluge

World - Yahoo News - November 13

Jake Paul-Mike Tyson was highest-grossing combat event in Texas at $18.1M

Jake Paul’s promotions company says the fighter's unanimous decision over Mike Tyson was the highest-grossing combat sports event in Texas at $18.1 million

Entertainment - ABC News - 4 days ago

McDonald’s earnings: Weaker demand, E. coli outbreak in focus — but sales seen at highest in years

As McDonald’s readies its third-quarter earnings report Tuesday, Wall Street is focused on demand from lower-income diners, as well as a recent E. coli outbreak.

Business - MarketWatch - October 28

Tuberculosis infected 8 million people last year, the most WHO has ever tracked

The World Health Organization says more than 8 million people were diagnosed with tuberculosis last year

Health - ABC News - October 30

Hawaii has the highest cost of living in the U.S.: The state has 'really high home prices' and expensive goods, expert says

The most expensive states were found by analyzing the cost of living by The Council for Community and Economic Research.

Business - CNBC - November 3

Oil prices end at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...

Business - MarketWatch - November 4

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