Bond yields are hovering near multi-year highs: What it means for your wallet
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...
Category : Business
Trump’s investment push hits Europe as Irish PM eyes next tariff break
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...
US economy added 29,000 jobs in September, a slower pace than expected
The U.S. economy added jobs at a slower pace than expected in September amid economic uncertainty. The Bureau of Labor Statistics on Friday reported that employers added...
Ford recalls more than 40,000 trucks and SUVs over visibility risk
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...
Mortgage rates surge to highest level since 2023 as bond yields spike
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,...
The final verdict is in for the Fed’s troubled renovation and Jerome Powell
The inspector general’s investigation into the Federal Reserve’s costly renovation project determined that there was no administrative misconduct after the cost overruns prompted an investigation...
Strong natural gas production, supplies could ease pressure on winter heating bills
Cold weather is approaching and the U.S. is projected to have record-setting production of natural gas and healthy storage levels to help protect the market...
More homes, more price cuts – but buyers still aren’t biting as mortgage rates climb
Homebuyers are still facing affordability headwinds due to elevated mortgage rates despite sellers increasingly cutting prices, a new report from Realtor.com shows. Realtor.com’s latest monthly...
More than 2,300 pounds of breakfast sausage recalled over plastic contamination
A recall was issued for more than 2,300 pounds of raw, frozen pork breakfast sausage over a potential plastic contamination, according to federal officials. Illinois-based...
Family businesses power the US economy, but succession poses a major challenge
Family-owned businesses play a major role in the economy and founders face difficult decisions when it comes time to consider passing it down to the...