The yield on the 10-year Treasury hit the highest level since 2002 during Thursday’s trading session, as higher borrowing costs impact the economy at large…
NEW YORK – As President Donald Trump pushes U.S. multinationals to expand investment at home, Irish Prime Minister Micheál Martin is pitching Ireland as a leading European hub for American investment while already eyeing another…
Ford is recalling more than 40,000 vehicles due to a headlight defect that could reduce the driver’s visibility, according to federal regulators. About 41,748 vehicles are potentially affected by the recall, including the 2025-2027 Ford Expedition, 2026 Ford F-250 SD, 2026 Ford F-350 SD, 2026 Ford F-450 SD and 2026…
Investors have survived September, the historically worst month of the year for stock market returns. Outside of February (which has an average return that’s just barely negative), September is the only month to average a negative return for the S&P 500. The S&P 500 was actually positive for September this…
The Federal Reserve’s costly renovation project will have a new manager as Fed Chair Kevin Warsh has tasked the General Services Administration (GSA) with managing the completion of the project. On Wednesday, the Fed’s Office of Inspector General released a report which found that while there was no administrative misconduct…
Mortgage rates rose to the highest level since November 2023, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.28% from last week’s reading of 7.03%.The average rate on a 30-year loan…
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Oil prices will rise even higher regardless of whether the Iran war ends, U.S. economic and political commentator Peter Schiff predicted during an interview with Fox News Digital on Wednesday, noting that he expects an…
