30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward.
The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now.
History suggests the bull market in stocks will continue if the Fed raises interest rates this week, but there are things investors can do to take some precaution if hikes continue.
Analysts don’t expect the push for more responsible AI development to derail data-center spending.
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘ill-advised’ time for the ChatGPT creator to go public
Leaders of major AI companies say they agree with Anthropic CEO Dario Amodei, who just called for the tech industry to move more slowly with model development.
Economists note that the Fed historically has not been content to raise rates only once.
There’s a safe haven hiding in plain sight.
Brent crude and West Texas Intermediate’s front-month contracts edged lower on reports of plans for diplomatic talks between Gulf states.
Oracle shares are climbing on Friday after the company delivered a solid quarter, but some analysts are still wary.